🚀 Ethena (ENA) Big Moves!
🔥 1. $530M Funding Boost – ENA Price Skyrockets
StablecoinX + TLGY Acquisition Corp. raised a massive $530M, taking total funding to $890M+ 💵
Funds will be used to buy 3B+ ENA tokens ✅
Result: ENA jumped 12% in just one day! 📈
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💎 2. $310M Buyback – Supply Gets Tighter
Ethena Foundation announced a $310M Buyback over the next 6–8 weeks 🔄
Already bought back 7.3% of supply earlier ✔️
Now targeting another 13%, meaning less ENA in circulation → higher price potential 📊
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⚡ Bottom Line
👉 Ethena is hitting double power: Big Funding + Supply Reduction
👉 Market confidence is soaring, and ENA’s bullish momentum is stronger than ever! 🚀