On October 5, 2026, Ethena Foundation will release approximately 1.41 billion ENA tokens held by original investors in a single event, ending the previous monthly vesting schedule 17 months early. This release represents about 14% of the circulating supply and could impact market dynamics by concentrating selling pressure on one day instead of spreading it out. The Foundation has also initiated buybacks of some locked tokens but the planned buyback program linked to USDe supply thresholds will not be active by the unlock date. Team tokens and ecosystem allocations remain locked on their original schedules. Investors should monitor trading volumes and market conditions ahead of the unlock to manage potential price impacts.
Ethena (ENA) experienced a sharp price decline of 4.17% within one hour, falling to $0.2485 as of early October 2. This drop extended its total loss over the past 24 hours to 6.82%. The price data was sourced from Binance spot trading against USDT, w...
Ethena (ENA) recently formed a bullish golden cross on its three-day chart, signaling potential upward momentum. However, a similar pattern in 2025 led to a sharp 34% correction after reaching a peak, suggesting ENA might experience a roughly 35% pul...
Ethena (ENA) token price fell by 4.41% within an hour to $0.2646 on Binance spot trading, despite being up 6.48% over the previous 24 hours. During the same hour, long liquidations across Binance, Bybit, and OKX totaled $90,000, while no short liquid...
Standard Chartered initiated coverage on Ethena, assigning a $2 price target for its ENA token by the end of 2028, implying a potential 669% increase from current levels near $0.26. The bank projects the USDe stablecoin supply to grow from $4.9 billi...
Ethena (ENA) experienced a sharp 4.08% price decline within one hour on September 30, falling from $0.2771 to $0.2658 by 11:03 a.m. ET. This short-term drop occurred even though ENA had gained 4.48% over the previous 24 hours, showing volatility in i...
