To consider whether Ethena (ENA) coin will reach $2, several factors need to be taken into account:

Market Trends: The broader cryptocurrency market is influenced by Bitcoin's 4-year halving cycle, which can impact ENA's price prediction1.

Supply and Demand: The balance of supply and demand in the market significantly influences ENA's price3.

Competition: The presence of other cryptocurrencies with unique features can sway investors, affecting ENA's market position and price3.

Media Coverage: News and media narratives can dramatically sway investor sentiment, leading to price volatility3.