$ENA 🚀 Recent performance is impressive: the price hit a 24-hour high of $0.628, with an increase of about 13%. Despite the expectation that 172 million ENA will be unlocked on August 6, 2025, valued at approximately $103 million (accounting for about 2.7% of the market cap), the market remains optimistic.

📈 During the same period, trading volume surged by 28%, and the open interest (OI) of perpetual contracts rose by 17%, indicating a significant increase in positive capital flow.

🧠 Furthermore, Ethena's USDe stablecoin has jumped to the third-largest stablecoin in the market, with a total locked value (TVL) exceeding $9 billion, providing a solid foundation for ENA.

Technical indicators show that ENA remains above the 5/10/20-day moving averages. If it maintains within the $0.55–0.60 range, it is expected to challenge the $0.70 resistance area.