Ethena's token price surged about 65% in a week, reaching $0.142, driven by a $1 billion lending facility with FalconX that funds overcollateralized loans using assets backing its USDe synthetic dollar. This new funding source diversifies Ethena's revenue beyond crypto basis trades. Additionally, bullish comments from BitMEX co-founder Arthur Hayes, who sees potential for a fivefold price increase, boosted investor confidence. Despite strong momentum, technical indicators warn the rally may be overheated, with key resistance near $0.1465; a break above could push the price toward $0.1587, while failure might lead to a pullback to support levels around $0.1343 or lower.
Ethena (ENA) token experienced a sharp intraday decline of 7.08%, falling from $0.2924 to $0.2717 within four hours on September 27. Despite this drop, the token still showed a slight 0.52% increase over the past 24 hours. During the same period, liq...
Ethena (ENA) token price increased from $0.2705 to $0.2929 within four hours on September 27, marking an 8.28% gain on Binance's ENA/USDT spot market. The token also showed a 7.64% rise compared to the previous 24 hours. During the same period, short...
Between September 29 and October 2, seven crypto token unlock events will release approximately $174 million worth of assets into circulation. The largest unlock is DoubleZero's 2Z token on October 2, releasing about 1.66 billion tokens valued at $11...
Ethena's cryptocurrency ENA surged to $0.28, a level not seen since December 2025, driven by its expansion into USDe yield reserves on Binance and strong market interest. A whale investor bought 18.34 million ENA worth $5.13 million, signaling confid...
Ethena has integrated Binance's tokenized equity stocks (bStocks) as collateral for its stablecoin USDe, using Binance's equity perpetual futures for hedging. This move expands Ethena's collateral base into traditional financial assets worth over $15...
