$ENA the currency of the Ethena project, which is a decentralized financial platform focused on offering an innovative stablecoin called USDe, backed by derivatives contracts instead of the traditional dollar. Recently, ENA has experienced a notable increase following the announcement of the "StablecoinX" program to purchase ENA tokens worth 260 million dollars, which raised its value to approximately 0.60 dollars. Ethena has also partnered with Anchorage Bank to issue a stablecoin worth 1.5 billion dollars within the United States. The project is rapidly gaining momentum thanks to institutional support and significant market expansion, making it one of the most prominent cryptocurrency projects today.