ENA has gone down by over 22% in the previous week and has not too long ago retested its all-time low. One dealer favors a bearish Ethena price prediction because the token has dropped under a key weekly assist. Since August 2024, information from DeFi Llama reveals that the protocol’s earnings have been steadily declining,…
Former BitMEX CEO Arthur Hayes amassed $995,000 value of Ethena (ENA) tokens over 48 hours forward of Hyperliquid’s essential USDH stablecoin validator vote scheduled for September 14. His aggressive shopping for spree included 578,956 ENA tokens value $473,000 within the closing buy, bringing whole holdings to five.02 million tokens valued at $3.91 million. Arthur Hayes…
Ethena (ENA) has experienced notable growth in the cryptocurrency market, recording a 150% increase over the past 30 days and rising by 40% during the previous week. The explosive growth coincides with the protocol’s Total Value Locked (TVL) surpassing $10 billion for the first time, driven by surging adoption of its synthetic dollar, USDe, which…