ethena
6.6M views
1,530 Discussing
Hot
Latest
🚨 *ETHENA Unlocks 2.07B ENA - What's Happening?* 🚨
Hey crypto fam! 🤑
Yesterday, *@Tokenomist_ai* dropped some interesting news: *ETHENA* unlocked a massive *2.07 billionENA* tokens 🪙, worth about *740.71 million*. That’s **39.17
But wait, there's more! Over the last two days, *12 wallets* have deposited a total of *125 millionENA* (worth *45 million*) onto *Binance*, *B.....*, and *F......*. 🤯
What does this mean for the market? 📉📈
- *Supply Increase*: With such a large portion ofENA unlocked, we may see increased *selling pressure* in the short term as people cash out. 🏃♂️💨
- *Liquidity Shift*: Depositing such a huge amount to major exchanges like Binance and B...... indicates that people may be preparing to *trade or sell* their tokens. 🔄💸
- *Volatility Ahead*: Get ready for some potential *price swings* in the next few days, depending on how traders react. 📊
Why should you care? 🧐
If you’re holding ENA, this could be an opportunity for some *short-term profit-taking* or a sign to keep an eye on potential *price dips*. If you're *new toENA*, now might be a good time to observe and *wait for stability*. ⏳
Stay alert and trade smart! 🔥💡
$ENA
#CryptoNews #ethena #BİNANCE #Cryptocurrency #tradingtips
Hey crypto fam! 🤑
Yesterday, *@Tokenomist_ai* dropped some interesting news: *ETHENA* unlocked a massive *2.07 billionENA* tokens 🪙, worth about *740.71 million*. That’s **39.17
But wait, there's more! Over the last two days, *12 wallets* have deposited a total of *125 millionENA* (worth *45 million*) onto *Binance*, *B.....*, and *F......*. 🤯
What does this mean for the market? 📉📈
- *Supply Increase*: With such a large portion ofENA unlocked, we may see increased *selling pressure* in the short term as people cash out. 🏃♂️💨
- *Liquidity Shift*: Depositing such a huge amount to major exchanges like Binance and B...... indicates that people may be preparing to *trade or sell* their tokens. 🔄💸
- *Volatility Ahead*: Get ready for some potential *price swings* in the next few days, depending on how traders react. 📊
Why should you care? 🧐
If you’re holding ENA, this could be an opportunity for some *short-term profit-taking* or a sign to keep an eye on potential *price dips*. If you're *new toENA*, now might be a good time to observe and *wait for stability*. ⏳
Stay alert and trade smart! 🔥💡
$ENA
#CryptoNews #ethena #BİNANCE #Cryptocurrency #tradingtips
Edda Mcnamar znkS:
means ENA hit 1$ or not plz tell me experience person and seniors advice me plz?
$ENA (Ethena) 🚀
🔹 Current Price: $0.4362
🔹 24H Change: +7.39% 📈
🔹 Trend: Bullish ✅
💡 Signal:
📊 Buy Zone: $0.42 - $0.44
🎯 Target 1: $0.50
🎯 Target 2: $0.55
🛑 Stop Loss: $0.40
📌 Analysis: Ethena continues to gain momentum in the crypto space with its innovative staking solutions.
#ENA #Ethena #Crypto #Binance #Staking
🔹 Current Price: $0.4362
🔹 24H Change: +7.39% 📈
🔹 Trend: Bullish ✅
💡 Signal:
📊 Buy Zone: $0.42 - $0.44
🎯 Target 1: $0.50
🎯 Target 2: $0.55
🛑 Stop Loss: $0.40
📌 Analysis: Ethena continues to gain momentum in the crypto space with its innovative staking solutions.
#ENA #Ethena #Crypto #Binance #Staking
$ENA ---
📊 Key Levels to Watch:
Support Zone: $0.3900 – $0.4000
Resistance Levels: $0.4500 – $0.4700
---
🎯 Price Targets:
TP1: $0.4600
TP2: $0.4800
TP3: $0.5000
🔻 Stop Loss: $0.3800
---
📌 Market Insights:
Recent Developments: Ethena (ENA) is a synthetic dollar protocol built on Ethereum, offering a crypto-native solution for stable currency without relying on traditional banking infrastructure. It aims to provide a globally accessible, dollar-denominated savings instrument known as the 'Internet Bond'.
Trading Volume: The 24-hour trading volume is approximately $371.26 million, indicating strong market participation.
Technical Indicators: The 50-day moving average (MA50) at $0.3980 and 200-day moving average (MA200) at $0.3850 suggest bullish momentum, with potential for further upside.
---
💡 Pro Tip: A breakout above $0.4500 with substantial volume could propel ENA toward higher resistance levels.
⚠️ Risk Management: Secure profits at key levels and adjust stop-loss orders accordingly to manage downside risk.
#ENA #Crypto #Altcoins #MarketTrends #ethena
📊 Key Levels to Watch:
Support Zone: $0.3900 – $0.4000
Resistance Levels: $0.4500 – $0.4700
---
🎯 Price Targets:
TP1: $0.4600
TP2: $0.4800
TP3: $0.5000
🔻 Stop Loss: $0.3800
---
📌 Market Insights:
Recent Developments: Ethena (ENA) is a synthetic dollar protocol built on Ethereum, offering a crypto-native solution for stable currency without relying on traditional banking infrastructure. It aims to provide a globally accessible, dollar-denominated savings instrument known as the 'Internet Bond'.
Trading Volume: The 24-hour trading volume is approximately $371.26 million, indicating strong market participation.
Technical Indicators: The 50-day moving average (MA50) at $0.3980 and 200-day moving average (MA200) at $0.3850 suggest bullish momentum, with potential for further upside.
---
💡 Pro Tip: A breakout above $0.4500 with substantial volume could propel ENA toward higher resistance levels.
⚠️ Risk Management: Secure profits at key levels and adjust stop-loss orders accordingly to manage downside risk.
#ENA #Crypto #Altcoins #MarketTrends #ethena
🚀 ENA/USDT – Ready for the Next Move?
Current Price: $0.4044
📊 Key Levels:
Support Zone: $0.38 – $0.39
Resistance Levels: $0.42 – $0.44
🎯 Price Targets:
TP1: $0.45
TP2: $0.50
TP3: $0.55
🔻 Stop Loss: $0.36 (Below key support)
📌 Market Insights:
Recent Developments: Ethena (ENA) has been gaining traction as a synthetic dollar protocol built on Ethereum, aiming to provide a crypto-native solution for stable value transactions without relying on traditional banking infrastructure.
Trading Volume: The 24-hour trading volume for ENA is approximately $371 million, indicating active market participation.
Ecosystem Growth: Ethena's development of the 'Internet Bond' as a globally accessible dollar-denominated savings instrument showcases its commitment to expanding DeFi solutions.
💡 Pro Tip: Monitor for a sustained move above the $0.44 resistance level with increased trading volume, as this could signal a bullish breakout toward higher price targets.
⚠️ Risk Management: Secure profits at key levels and adjust stop-loss orders accordingly to manage downside risk.
#ENA #Ethena #Crypto #Altcoins #MarketTrends
*Analysis Note: Recent developments, including Ethena's innovative DeFi solutions and growing market activity, have positively influenced ENA's market dynamics. The technical levels and targets provided are based on current market trends and technical analysis.*#USCryptoReserve #TrumpCongressSpeech $XRP $BTC $ENA
Current Price: $0.4044
📊 Key Levels:
Support Zone: $0.38 – $0.39
Resistance Levels: $0.42 – $0.44
🎯 Price Targets:
TP1: $0.45
TP2: $0.50
TP3: $0.55
🔻 Stop Loss: $0.36 (Below key support)
📌 Market Insights:
Recent Developments: Ethena (ENA) has been gaining traction as a synthetic dollar protocol built on Ethereum, aiming to provide a crypto-native solution for stable value transactions without relying on traditional banking infrastructure.
Trading Volume: The 24-hour trading volume for ENA is approximately $371 million, indicating active market participation.
Ecosystem Growth: Ethena's development of the 'Internet Bond' as a globally accessible dollar-denominated savings instrument showcases its commitment to expanding DeFi solutions.
💡 Pro Tip: Monitor for a sustained move above the $0.44 resistance level with increased trading volume, as this could signal a bullish breakout toward higher price targets.
⚠️ Risk Management: Secure profits at key levels and adjust stop-loss orders accordingly to manage downside risk.
#ENA #Ethena #Crypto #Altcoins #MarketTrends
*Analysis Note: Recent developments, including Ethena's innovative DeFi solutions and growing market activity, have positively influenced ENA's market dynamics. The technical levels and targets provided are based on current market trends and technical analysis.*#USCryptoReserve #TrumpCongressSpeech $XRP $BTC $ENA
Massive $ENA Unlock: More Selling Pressure Ahead?
According to @Tokenomist_ai, #ethena unlocked 2.07B ENA ($740.71M), making up 39.17% of the circulating supply yesterday.
Meanwhile, in the past 48 hours, 12 wallets deposited 125M #ENA ($45M) to Binance, Bybit, and FalconX—likely adding to selling pressure.
Is this the beginning of a bigger dump, or will the market absorb it?
According to @Tokenomist_ai, #ethena unlocked 2.07B ENA ($740.71M), making up 39.17% of the circulating supply yesterday.
Meanwhile, in the past 48 hours, 12 wallets deposited 125M #ENA ($45M) to Binance, Bybit, and FalconX—likely adding to selling pressure.
Is this the beginning of a bigger dump, or will the market absorb it?
Benita Mannick oVfV:
Unlocked a lot but the price increased… it's fake!
See original
Ethena (ENA) could surge 100%? Understand the scenario now!
The crypto market remains unstable, but a specific asset is gaining attention: Ethena (ENA). After a brutal 65% correction over the last two months, the token may finally be on the path to recovery.
Despite Bitcoin's (BTC) 2% drop, investors are focused on the White House Crypto Summit, which could bring greater regulatory clarity and boost the market. Amid this uncertainty, ENA has recorded significant gains, reigniting traders' hopes.
Does the reversal pattern indicate a rise?
Despite Bitcoin's (BTC) 2% drop, investors are focused on the White House Crypto Summit, which could bring greater regulatory clarity and boost the market. Amid this uncertainty, ENA has recorded significant gains, reigniting traders' hopes.
Does the reversal pattern indicate a rise?
Today #Ethena unlock over 66% from circulation supply!
The only thing that might stop them from selling is that $ENA is down by 71% from last swing high and maybe they'll be ok to wait a few months more till it grow higher. Certainly, now is not the best moment to sell anything. So there is a chance that this bearish event/news will have a delayed effect. But I am sure, sooner or later these 66% will find their FOMO buyers.
My recommendation is to stay away from it. And wait for a short opportunity where volume on the bounce exceed what we saw on the dips.
The only thing that might stop them from selling is that $ENA is down by 71% from last swing high and maybe they'll be ok to wait a few months more till it grow higher. Certainly, now is not the best moment to sell anything. So there is a chance that this bearish event/news will have a delayed effect. But I am sure, sooner or later these 66% will find their FOMO buyers.
My recommendation is to stay away from it. And wait for a short opportunity where volume on the bounce exceed what we saw on the dips.
Untung Trade:
strongly agree
🚨 *Breaking News* 🚨
In the past hour, *3 wallets associated with the #Ethena team* have deposited a *whopping 38.36M ENA (14.4M)* into *Binance*! 💰💥
This is a significant move in the market and could be a sign of something big happening soon. 🤔
Here’s what you need to know:
- *ENA* is gaining traction, and the large deposit could mean a potential *price move* or a shift in strategy from the *Ethena team*.
- The *14.4M* worth of ENA on Binance could bring in *high trading volume* and could impact the price in the near future. 📈
- Keep an eye on the *ENA price*—this could be a sign of *increased liquidity* or a potential *dump* from the team, so tread carefully if you’re holding. ⚠️
Always *monitor the market* closely and stay informed. 📊
Stay safe and trade wisely! 🧐
$ENA
#CryptoNews #Ethena #CryptoTrading #MarketMoves
In the past hour, *3 wallets associated with the #Ethena team* have deposited a *whopping 38.36M ENA (14.4M)* into *Binance*! 💰💥
This is a significant move in the market and could be a sign of something big happening soon. 🤔
Here’s what you need to know:
- *ENA* is gaining traction, and the large deposit could mean a potential *price move* or a shift in strategy from the *Ethena team*.
- The *14.4M* worth of ENA on Binance could bring in *high trading volume* and could impact the price in the near future. 📈
- Keep an eye on the *ENA price*—this could be a sign of *increased liquidity* or a potential *dump* from the team, so tread carefully if you’re holding. ⚠️
Always *monitor the market* closely and stay informed. 📊
Stay safe and trade wisely! 🧐
$ENA
#CryptoNews #Ethena #CryptoTrading #MarketMoves
😱🔓Bad surprise before the big lock opening in ENA🚨🚨
Before the major crash in #ENA , the major support zone was maintained for years. Thus, the risk of a pullback to the purple zone in the $0.19 - $0.22 range has increased.
The declines in altcoins continue. Despite the serious blow experienced by many altcoins in the first part of 2025, the current ENA could not hold on any longer. $ENA , which reached a major crash on Wednesday, March 5 (tomorrow), peaked with a double-like top formation in the red zone in the range region. With the sharp declines experienced, it retreated to the green major support. We can see that ENA has been struggling to hold on to the green zone covering the $0.37 - $0.41 range in the recent period.
Current Prices are coming to the bottom, considering that ENA will be released with a closing value of 700 million, the departure of this zone was a bad surprise for ENA from a technical perspective. It continues for three days, it will come tonight and there is no major change, it is seen in the green area. The current weak outlook in ENA may continue in the coming weeks. It may pull back to the purple zone covering the $0.19 - $0.22 range.
A significant loss of support in ENA naturally shows how it will perform in the short term. If there is contact in the purple zone, there is a purchase, otherwise it is good to see ENA holding on to the green zone where it is easier to buy.
#ethena #MarketPullback #USTariffs #GPSonBinance
Before the major crash in #ENA , the major support zone was maintained for years. Thus, the risk of a pullback to the purple zone in the $0.19 - $0.22 range has increased.
The declines in altcoins continue. Despite the serious blow experienced by many altcoins in the first part of 2025, the current ENA could not hold on any longer. $ENA , which reached a major crash on Wednesday, March 5 (tomorrow), peaked with a double-like top formation in the red zone in the range region. With the sharp declines experienced, it retreated to the green major support. We can see that ENA has been struggling to hold on to the green zone covering the $0.37 - $0.41 range in the recent period.
Current Prices are coming to the bottom, considering that ENA will be released with a closing value of 700 million, the departure of this zone was a bad surprise for ENA from a technical perspective. It continues for three days, it will come tonight and there is no major change, it is seen in the green area. The current weak outlook in ENA may continue in the coming weeks. It may pull back to the purple zone covering the $0.19 - $0.22 range.
A significant loss of support in ENA naturally shows how it will perform in the short term. If there is contact in the purple zone, there is a purchase, otherwise it is good to see ENA holding on to the green zone where it is easier to buy.
#ethena #MarketPullback #USTariffs #GPSonBinance
Mister-joy:
C’est bon tu te tais?
See original
💥💥💥Theo Tokenomist_ai, #Ethena has unlocked 2.07 billion ENA ($740.71 million, accounting for 39.17% of circulating supply) yesterday.
In the past 2 days, 12 wallets have sent 125 million #ENA ($45 million) to Binance, Bybit, and FalconX.
$ENA
#Binance #BinanceHerYerde #BinanceSquareTalks
In the past 2 days, 12 wallets have sent 125 million #ENA ($45 million) to Binance, Bybit, and FalconX.
$ENA
#Binance #BinanceHerYerde #BinanceSquareTalks
ETHENA/ENA ANALYSIS :
Ethena price today is $ 0.419178 with a 24-hour trading volume of $ 1.29B, market cap of $ 1.27B, and market dominance of 0.04%. The ENA price increased 5.59% in the last 24 hours.
Ethena reached its highest price on Apr 11, 2024 when it was trading at its all-time high of $ 1.51816, while Ethena's lowest price was recorded on Sep 6, 2024 when it was trading at its all-time low of $ 0.196105. The lowest price since it's ATH was $ 0.196105 (cycle low). The highest ENA price since the last cycle low was $ 1.32564 (cycle high). The Ethena price prediction sentiment is currently bearish , while Fear & Greed Index is showing 33 (Fear).
Ethena's current circulating supply is 3.03B ENA out of max supply of 15.00B ENA. In terms of market cap, Ethena is currently ranked #12 in the DeFi Coins sector and ranked #23 in the Ethereum (ERC20) Tokens sector.
#ENA #ethena #ETH #Ethereum $ENA $ETH
Ethena price today is $ 0.419178 with a 24-hour trading volume of $ 1.29B, market cap of $ 1.27B, and market dominance of 0.04%. The ENA price increased 5.59% in the last 24 hours.
Ethena reached its highest price on Apr 11, 2024 when it was trading at its all-time high of $ 1.51816, while Ethena's lowest price was recorded on Sep 6, 2024 when it was trading at its all-time low of $ 0.196105. The lowest price since it's ATH was $ 0.196105 (cycle low). The highest ENA price since the last cycle low was $ 1.32564 (cycle high). The Ethena price prediction sentiment is currently bearish , while Fear & Greed Index is showing 33 (Fear).
Ethena's current circulating supply is 3.03B ENA out of max supply of 15.00B ENA. In terms of market cap, Ethena is currently ranked #12 in the DeFi Coins sector and ranked #23 in the Ethereum (ERC20) Tokens sector.
#ENA #ethena #ETH #Ethereum $ENA $ETH
See original
#Ethena - $ENA - General Outlook - Good Project - Immoral Team!
The $ENA team screwed their investors over very badly. While 2 billion tokens were going to be unlocked on April 5, they suddenly moved the date of this big unlock to March 5, one month before the previously announced, with an unrelated announcement (mixed with other things) without any prior announcement, and most people learned about it very late. Maybe some of them will hear it from me for the first time, who knows!?
On the technical side, the last peak liquidation was left open and no SFP was formed, and inexperienced traders were hunted here and made them think that it would make a new peak after reversing from the S-R flip zone or the worst green line trend support.
The team, which probably planned to bring the date forward much earlier and made huge amounts of profit by opening a short trade at the top after dumping the tokens at a high cost to the investor until here.
After making a fake bounce at trend support for the last hit, it has rejected from trend line and continued dropping with a disgraceful price action. There are liquidity pools in the areas I marked with a blue semicircle and the peak liquidation is also open.
They didn't even miss the opportunity of yesterday's Trump pump and pushed the price back up to the pinpoint trend resistance and dumped another batch of goods at the local top.
Although the project is a good project and has good activities and partners, this operation against the investor is a great example of immorality.
Anyway, the chart speaks for itself from a technical perspective, but if there will be a reversal, this is the intersection point of three different important regions and this region between 0.27-0.37 is technically suitable for reversal.
Also, if 0.3165 is not broken, we can still say that weekly uptrend continues. Interesting, right?
If this level does not work as support, it can fall deeper to the fresh order block at 0.20, where the movement started.
The critical level that it needs to breach in order for the rise to start is 0.4850 and the level where it can first encounter resistance is 0.6600
2 billion tokens unlock tomorrow, if the price is dropped to these levels to meet this large unlock amount, it can be said that this might be priced in, but there is no way for us to be sure.
I think that when the market recovers, it can rise to good levels from here, I have already shared the bull season target analysis, but as I said, this rip-off by the team will not be forgotten easily and will go down in history as a great example of immorality.
On the technical side, the last peak liquidation was left open and no SFP was formed, and inexperienced traders were hunted here and made them think that it would make a new peak after reversing from the S-R flip zone or the worst green line trend support.
The team, which probably planned to bring the date forward much earlier and made huge amounts of profit by opening a short trade at the top after dumping the tokens at a high cost to the investor until here.
After making a fake bounce at trend support for the last hit, it has rejected from trend line and continued dropping with a disgraceful price action. There are liquidity pools in the areas I marked with a blue semicircle and the peak liquidation is also open.
They didn't even miss the opportunity of yesterday's Trump pump and pushed the price back up to the pinpoint trend resistance and dumped another batch of goods at the local top.
Although the project is a good project and has good activities and partners, this operation against the investor is a great example of immorality.
Anyway, the chart speaks for itself from a technical perspective, but if there will be a reversal, this is the intersection point of three different important regions and this region between 0.27-0.37 is technically suitable for reversal.
Also, if 0.3165 is not broken, we can still say that weekly uptrend continues. Interesting, right?
If this level does not work as support, it can fall deeper to the fresh order block at 0.20, where the movement started.
The critical level that it needs to breach in order for the rise to start is 0.4850 and the level where it can first encounter resistance is 0.6600
2 billion tokens unlock tomorrow, if the price is dropped to these levels to meet this large unlock amount, it can be said that this might be priced in, but there is no way for us to be sure.
I think that when the market recovers, it can rise to good levels from here, I have already shared the bull season target analysis, but as I said, this rip-off by the team will not be forgotten easily and will go down in history as a great example of immorality.
See original
💥 3 wallets related to group #ethena have sent 38.36 million #ENA ($14.4 million) to #Binance in the past hour.
👀 Will they sell them ???
👉👉👉 $ENA
#TrumpCongressSpeech #WhiteHouseCryptoSummit #GPSonBinance
👀 Will they sell them ???
👉👉👉 $ENA
#TrumpCongressSpeech #WhiteHouseCryptoSummit #GPSonBinance
An explanation of Athena coin ( ENA)
#ENA
$ENA
What is Ethena?
Ethena (ENA) is a decentralized stablecoin protocol offering a synthetic dollar for DeFi and Web3 uses. It employs a delta hedging strategy to ensure stability, scalability, and censorship resistance. The protocol includes a governance token, ENA, which has potential for significant growth.
How is Ethena used?
Ethena (ENA) is a decentralized stablecoin protocol that offers a synthetic dollar called USDe, which is designed to be stable, scalable, and censorship-resistant. The ENA token is the governance token of the Ethena ecosystem and plays a crucial role in the protocol's governance and operational aspects.
Governance and Utility
Governance: ENA token holders can participate in protocol governance, voting on key decisions such as risk management frameworks, USDe backing compositions, and potential partnerships or integrations.
Utility: ENA is used in various incentive mechanisms within the platform, including staking rewards and liquidity provision.
Staking and Rewards
Staking: Users can stake their synthetic USDe dollars to earn yields, which are often much higher than those available from traditional banking products.
Rewards: ENA token holders can earn rewards through staking and other mechanisms, incentivizing long-term engagement within the Ethena ecosystem.
Delta Hedging and Stability
Delta Hedging: Ethena uses a delta hedging strategy to manage the price volatility of Ethereum, ensuring the stability of USDe's value against the US dollar.
Stability: The delta hedging strategy helps maintain the stability of USDe, making it a reliable digital currency solution.
Market and Funding
Market Cap: ENA has a significant market capitalization, with over 9% of its total supply in circulation.
Funding: Ethena secured a $6 million seed funding round led by Dragonfly, with notable backers including Arthur Hayes and major crypto derivatives exchanges.
Tokenomics and Metrics
Total Supply: There are 15 billion ENA tokens, with 30% allocated to ecosystem development and the rest to the team, investors, and its fund.
Circulation: Over 28,000 addresses hold ENA, although almost 99% of it is held by large investors, known as whales.
Airdrop and Vesting
Airdrop: Ethena announced an airdrop of 750 million ENA tokens, which constitutes 5% of the total supply, as a reward for participants in its shard campaign.
Vesting: The 2000 largest ENA wallet holders will receive half of their allocated tokens at the time of the airdrop, with the remaining half subject to a six-month vesting period.
Overall, Ethena (ENA) is a DeFi protocol that leverages blockchain technology to offer innovative financial solutions, including a synthetic dollar and high-yield staking mechanisms, while ensuring governance and stability through its native token, ENA.
#Write2Earn #BinanceAlphaAlert #ethena #TradingSignals
$ENA
What is Ethena?
Ethena (ENA) is a decentralized stablecoin protocol offering a synthetic dollar for DeFi and Web3 uses. It employs a delta hedging strategy to ensure stability, scalability, and censorship resistance. The protocol includes a governance token, ENA, which has potential for significant growth.
How is Ethena used?
Ethena (ENA) is a decentralized stablecoin protocol that offers a synthetic dollar called USDe, which is designed to be stable, scalable, and censorship-resistant. The ENA token is the governance token of the Ethena ecosystem and plays a crucial role in the protocol's governance and operational aspects.
Governance and Utility
Governance: ENA token holders can participate in protocol governance, voting on key decisions such as risk management frameworks, USDe backing compositions, and potential partnerships or integrations.
Utility: ENA is used in various incentive mechanisms within the platform, including staking rewards and liquidity provision.
Staking and Rewards
Staking: Users can stake their synthetic USDe dollars to earn yields, which are often much higher than those available from traditional banking products.
Rewards: ENA token holders can earn rewards through staking and other mechanisms, incentivizing long-term engagement within the Ethena ecosystem.
Delta Hedging and Stability
Delta Hedging: Ethena uses a delta hedging strategy to manage the price volatility of Ethereum, ensuring the stability of USDe's value against the US dollar.
Stability: The delta hedging strategy helps maintain the stability of USDe, making it a reliable digital currency solution.
Market and Funding
Market Cap: ENA has a significant market capitalization, with over 9% of its total supply in circulation.
Funding: Ethena secured a $6 million seed funding round led by Dragonfly, with notable backers including Arthur Hayes and major crypto derivatives exchanges.
Tokenomics and Metrics
Total Supply: There are 15 billion ENA tokens, with 30% allocated to ecosystem development and the rest to the team, investors, and its fund.
Circulation: Over 28,000 addresses hold ENA, although almost 99% of it is held by large investors, known as whales.
Airdrop and Vesting
Airdrop: Ethena announced an airdrop of 750 million ENA tokens, which constitutes 5% of the total supply, as a reward for participants in its shard campaign.
Vesting: The 2000 largest ENA wallet holders will receive half of their allocated tokens at the time of the airdrop, with the remaining half subject to a six-month vesting period.
Overall, Ethena (ENA) is a DeFi protocol that leverages blockchain technology to offer innovative financial solutions, including a synthetic dollar and high-yield staking mechanisms, while ensuring governance and stability through its native token, ENA.
#Write2Earn #BinanceAlphaAlert #ethena #TradingSignals
🚀#ethena (#ENA ) is Gearing Up for a Strong Comeback! Don’t Miss Out! 🚀
📅 Upcoming Unlock (March 5): 2.07B ENA ($835M) will enter circulation – but don’t be afraid! This event is already priced in, and smart investors are accumulating.
🔍 Why ENA is a Strong Buy Right Now?
📊 Technical Analysis:
✅ Strong Support: ENA has built solid support around $0.38-$0.40 and is showing a bullish trend reversal.
✅ EMA Breakout: The price is hovering near the 50 EMA, a key resistance level. A breakout above $0.48-$0.50 could send it flying toward $0.60+!
✅ RSI Recovery: The Relative Strength Index (RSI) is bouncing from the oversold zone, indicating increasing buying pressure.
✅ Bullish Volume Surge: Buy volume is increasing, showing that smart money is stepping in before the big move.
🔥 Why You Shouldn’t Fear the Unlock?
📌 Many large unlocks in the past have resulted in buy-the-dip opportunities, not crashes.
📌 The Ethena project is gaining massive adoption, and investors are holding strong despite market fluctuations.
📌 The upcoming mainnet upgrades and potential exchange listings could fuel another rally.
⏳ Don’t wait for the breakout – the smart move is to accumulate before ENA retests its all-time high!
📅 Upcoming Unlock (March 5): 2.07B ENA ($835M) will enter circulation – but don’t be afraid! This event is already priced in, and smart investors are accumulating.
🔍 Why ENA is a Strong Buy Right Now?
📊 Technical Analysis:
✅ Strong Support: ENA has built solid support around $0.38-$0.40 and is showing a bullish trend reversal.
✅ EMA Breakout: The price is hovering near the 50 EMA, a key resistance level. A breakout above $0.48-$0.50 could send it flying toward $0.60+!
✅ RSI Recovery: The Relative Strength Index (RSI) is bouncing from the oversold zone, indicating increasing buying pressure.
✅ Bullish Volume Surge: Buy volume is increasing, showing that smart money is stepping in before the big move.
🔥 Why You Shouldn’t Fear the Unlock?
📌 Many large unlocks in the past have resulted in buy-the-dip opportunities, not crashes.
📌 The Ethena project is gaining massive adoption, and investors are holding strong despite market fluctuations.
📌 The upcoming mainnet upgrades and potential exchange listings could fuel another rally.
⏳ Don’t wait for the breakout – the smart move is to accumulate before ENA retests its all-time high!
reverse:
Isn’t it difficult to push price of tokens with high supply
See original
The third airdrop for sENA is here! Echelon Market
Ethena Season 3 is about to end this month. According to the experience from Season 2, there should be a lot of good news released by Ethena before and after the end of this airdrop to maintain and raise the price of ENA.
On 2025/2/26, Ethena Network announced a collaboration with Echelon Market from the Aptos ecosystem, and 5% of the $ELON supply will be allocated to sENA holders.
Organizing the current earnings of sENA.
40x Ethena Points
1x Ethereal Points
1x Derive Points
3x Echelon Points
This means you can receive quadruple airdrop yields. In addition, you can further increase the reward multiplier by locking sENA.
What is Echelon Market?
On 2025/2/26, Ethena Network announced a collaboration with Echelon Market from the Aptos ecosystem, and 5% of the $ELON supply will be allocated to sENA holders.
Organizing the current earnings of sENA.
40x Ethena Points
1x Ethereal Points
1x Derive Points
3x Echelon Points
This means you can receive quadruple airdrop yields. In addition, you can further increase the reward multiplier by locking sENA.
What is Echelon Market?
Login to explore more contents