$ENA

ENA (Ethena) is the governance token of Ethena Protocol, which offers a synthetic dollar solution called USDe. Ethena aims to create a decentralized and scalable crypto-native stablecoin that isn't reliant on traditional banking rails. $ENA holders govern protocol upgrades and staking decisions. Since its launch,has gained traction among DeFi users and institutions seeking yield and stable exposure. It operates on Ethereum and integrates with major DeFi protocols. The token often shows high volatility, making it attractive for both traders and long-term DeFi believers. Recent partnerships and listings are helping $ENA expand its ecosystem and liquidity.