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Ethena Price Prediction: Crypto Billionaire Arthur Hayes Predicts 50x Rally – Is ENA the Crypto That Turns $1,000 Into $50K?

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Crypto billionaire has highlighted ENA as a “as soon as in a century” DeFi play, a testomony that there’s nonetheless bullishness in stall for the Ethena price outlook.

Whereas the altcoin has been principally sidelined amid heightened risk-on urge for food as markets put together for U.S. rate of interest cuts, it has rallied over 14% since Hayes’ prediction.

Nevertheless, near-term volatility is anticipated with the August 28 PCE inflation information, which may dampen expectations for near-term rate of interest cuts.

What’s Behind Hayes’ 50x Prediction?

In an Aug 27 blog post, Arthur Hayes argued that DeFi may see extraordinary positive factors over the subsequent few years, citing Ethena as a possible 50x decide.

Hayes’ thesis facilities on dollar-backed stablecoin adoption, a sector the place Ethena has shortly emerged as a significant participant with its USDe product.

He tasks the stablecoin market cap to develop from $273 billion to $10 trillion by 2028, pushed by rising adoption amongst retail and establishments for funds, financial savings, and yield alternatives.

And Ethena stands to make its declare with USDtb, anticipated to turn out to be the primary regulated U.S. stablecoin below the GENIUS Act.

USDtb could possibly be the primary to faucet into sidelined capital from establishments awaiting regulatory readability, with ENA positioned to profit because the utility token on the middle of this ecosystem

Ethena Worth Prediction: Breakout Construction Hints at 600% to 1500% Good points

Ethena (ENA) has damaged out of a long-term wedge and is now retesting earlier resistance as help close to $0.65–$0.70 – a traditional setup that usually precedes main upside.

This technical construction aligns with rising momentum round ENA’s position within the artificial greenback narrative, particularly as adoption of its yield-bearing stablecoin will increase.

The RSI is holding close to 50, suggesting promote stress is fading, whereas the MACD histogram is flattening out, usually an indication {that a} development reversal is forming.

If ENA reclaims the $1.50 resistance zone, it may ignite a transfer towards $5 (+600%), with a longer-term push to $10 (+1500%) firmly in sight.

This setup might solely be the start.

Arthur Hayes has repeatedly cited Ethena as a possible 50x play, pointing to its distinctive product-market match and early management in decentralized artificial {dollars}.

Whereas that focus on might take years to materialize, the present breakout construction offers bulls a transparent roadmap for enormous upside within the months forward.

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