Ethena's #USDe Looking Solid, But $ENA Token Struggles 😅

Great news for USDe! 🌞 $SOL integration is a big deal and it seems to be holding its peg well against DAI. 💪 The backing assets are strong too, with a good mix of $BTC (47%) and #ETH (27%).

Unfortunately, 🌩️🌦️ the same can't be said for the ENA token. It's been a rough week with a price drop and most holders in the red. 🤮 Plus, a small group of big wallets control most of the tokens. This concentration of ownership can be a bit worrying. 🐳🙈

It'll be interesting to see if ENA can turn things around. Only time will tell. ⏳DYOR! 😉👏 #Ethena #SOL #Bitcoin