Why Ethena Price May Surge By 150% - BeInCrypto
3 days ago · In Brief. Ethena (ENA) is up 45%, trading above key moving averages, signaling a strong bullish trend. ENA's ADX of 30.09 suggests momentum is building, supporting a potential 150% price surge. A break above $0.48 could push ENA to $1.01, but failure may cause it to drop toward $0.19. ENA, the native token of Ethena — an Ethereum-based ...
Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra
Apr 12, 2024 · Ethena Labs' USDe stablecoin provides a yield through a tokenized cash-and-carry trade. Counterparty risk and a funding-rates reversal are two of the protocol's main challenges.
Ethena Labs Proposes SOL for USDe's Collateral - Yahoo Finance
6 days ago · Ethena Labs has proposed to the USDe community that SOL be added to its mix of collateral. USDe is unique insofar that it maintains $1 peg with collateral, hedged trades, and risk-managed reserves ...
Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set ... - CoinDesk
Mar 29, 2024 · Decentralized finance protocol Ethena will airdrop 750 million ENA tokens to USDe holders on April 2. Aevo's prelaunch futures tied to ENA surged over 20% early Friday.
ENA Trading Volume Exceeds $500 Million Daily, Ethena Network …
3 days ago · ENA volumes surged to over $500 million daily in recent days. This marks a significant uptick after months of low activity. Ethena’s TVL declined from $3.6 billion in July to $2.43 billion in October. ENA price rallied 78% in the past week, reaching $0.46. The token is still far from its all-time high of $1.52.
BlackRock's Tokenized Fund BUIDL Pitched to Ethena as ... - CoinDesk
Jul 23, 2024 · Ethena, the protocol behind the $3.4 billion yield-generating "synthetic dollar" token USDe, is planning to invest a part of its reserves in tokenized real-world assets (RWA), and BlackRock's ...
How This Stablecoin Just Cracked $3 Billion in Record Time
Jun 7, 2024 · Even by crypto standards, Ethena Labs is turning heads. The crypto project just broke history after its synthetic dollar (stablecoin) broke the $3 billion mark in record time.
Ethena will become highest revenue-generating crypto project — …
Apr 3, 2024 · Ethena Labs’s synthetic dollar could grow to become the third largest asset among stablecoins, thanks to its competitive yield, according to Delphi Labs’ Macedo.
Ethena (ENA) Jumps 16%: Can the Bull Run Continue or Is a …
5 days ago · MikeT October 15, 2024. Share on. Ethena (ENA) has made headlines recently, experiencing a remarkable 16% surge in just 24 hours. This price increase is part of a broader trend, with the token up over 40% in the past week. However, as investors celebrate this rally, questions arise about whether this trend can continue or if a price correction ...
Ethena to launch new stablecoin backed by BlackRock’s BUIDL
Sep 26, 2024 · Ethena Labs has announced a new stablecoin project UStb built in partnership with BlackRock and the digital securities platform Securitize.