The#Ethenaprotocol has unveiled plans to grow its synthetic stablecoin USDE into a $25 billion project in the coming months. Additionally, the Ethena project is used by several DeFi protocols in the industry, including PENDLE, which attributes up to 50 percent of its revenue to USDE.

The ENA token has grown into a mid-cap altcoin, with a valuation of approximately $3.6 billion. Over the past four months, the price of#ENAhas increased by over 500%, trading around $1.22 on Sunday, January 5.