ENA Surges 10% as Coinbase Roadmap Listing Sparks 91% Volume Jump and Bullish Momentum

Ethena (ENA) is currently trading at $0.3432 with a 24-hour trading volume of approximately $261.8 million and a market capitalization near $2.0 billion, reflecting a 10.35% price increase over the last 24 hours. The recent price surge is primarily attributed to the announcement of ENA being added to Coinbase's listing roadmap, which significantly boosted trading activity and investor interest, as evidenced by an 8.6% price spike and a 91.7% increase in trading volume following the news. Additionally, the unlocking of 41 million ENA tokens on June 2, 2025, had minimal negative impact on price stability, and the market has shown resilience ahead of a larger scheduled token unlock. Technical indicators point to short-term bullish momentum, supported by increased open interest in ENA futures and strong trading activity following these developments.