Standard Chartered initiated coverage of Ethena (ENA) with a price target of $2 by the end of 2028. The bank highlighted Ethena's buyback program and its significant role in perpetual contracts, tokenization, and stablecoins, noting it as the fourth-largest stablecoin issuer after Tether, Circle, and Sky. Ethena's ecosystem includes the USDe stablecoin, reinforcing its position in decentralized finance. This coverage is part of Standard Chartered's broader focus on digital assets, following previous reports on projects like Uniswap and Chainlink.
Ethena (ENA) is trading at Rp4.630 on Pluang as of Sep 30, 2026, 17:02 WIB, showing a 1-day gain of 2.05%. The token's market cap stands at Rp45.48 trillion with a 24-hour trading volume of Rp8.18 trillion, indicating strong liquidity and investor interest. This market activity coincides with Standard Chartered's new coverage highlighting Ethena's role in stablecoins and decentralized finance.
Standard Chartered initiated coverage of Ethena's ENA token with a $2 price target for the end of 2028, suggesting a potential 700% increase from its current price near $0.25. The bank's valuation is based on Ethena's exposure to stablecoins, perpetu...
Standard Chartered has initiated coverage of Ethena's ENA token with a price target of $2 by the end of 2028, representing a potential increase of about 669% from its current price of $0.26. The bank highlights Ethena's rapid growth, noting its USDe ...
Standard Chartered's 2026 coverage of several altcoins has led to significant price gains, notably Uniswap (up 210%) and Aave (up 122%). The bank set ambitious long-term price targets for these tokens, reflecting confidence in decentralized finance g...
Ethena (ENA) token surged 6.48% within an hour to $0.2629, extending its 24-hour gain to 4.74%. This price increase occurred alongside $100,000 worth of short liquidations on Binance, Bybit, and OKX, while no long positions were liquidated. The sudde...
An address starting with 0x9a8 purchased about 7.96 million Ethena (ENA) tokens valued at roughly $1.99 million on September 30. This followed a previous purchase of 30 million ENA tokens for approximately $8.3 million three days earlier. In total, t...
