Ethena's ENA token has risen to around $0.093, up 3.7% daily and 10% weekly, supported by increased staking activity from large investors. A Coinbase-funded wallet staked 40 million ENA tokens worth $3.71 million, contributing to staked ENA reaching 7.58% of the total supply, valued at about $104 million. This staking reduces liquid supply and may limit selling pressure, supporting bullish momentum indicators that suggest ENA could target $0.098 if it holds above $0.09. However, a drop below $0.09 could lead to a pullback toward $0.083.
Ethena (ENA) token experienced a sharp decline of 7.40% within four hours, falling to $0.2001 as of 1:18 p.m. ET Thursday, extending its 24-hour loss to 11.81%. The drop was observed on Binance spot ENA/USDT trading pair, where the price fell from $0...
ENA token fell 6.57% to about $0.219 on Oct. 8 as net withdrawals from the Ethena protocol reached $104.08 million, the largest since July. The token traded below its 20-day moving average, with a neutral RSI of 50.64. These withdrawals indicate capi...
Ethena (ENA) has fallen from $0.26 to around $0.219 after a reported $3.45 million token sale by the team and significant protocol outflows totaling about $104 million. The price drop pushed ENA below its 20-day EMA, signaling weaker momentum, while ...
Standard Chartered has set formal price targets for Ethena's ENA token, forecasting it to reach $0.42 by the end of 2026, $1.10 by the end of 2027, and $2.00 by the end of 2028. This bullish outlook depends heavily on the growth of USDe, Ethena's syn...
