Key highlights: Ethena’s StablecoinX decentralized verification network is now live across all chains, securing more than $205 million in USDe and sUSDe transfer volume. ENA reclaimed its 20-day EMA and is testing the 50-day EMA as bulls attempt to regain control of the market structure. Open interest climbed 9% to $118 million, signaling growing institutional […]
Tag: ENA
Key highlights: Janus Henderson, an asset management firm with $493B in AUM, has made a strategic investment in Ethena’s ENA token. The two-way deal will see Ethena allocate funds in Janus Henderson’s AAA-rated collateralized loan obligations. Despite the investment, ENA price fell by over 4% over the last day. Asset management firm Janus Henderson has […]
Key highlights: The ENA price is holding a key $0.055–$0.08 accumulation zone after a prolonged correction. Active addresses and transfer activity are rising even as the ENA price remains near cycle lows. Ethena’s upcoming fee switch vote could become a major catalyst for the ENA price. places the price at $0.05966, which is below current […]