ETHEREAL EXCHANGE INTEGRATION BOOSTS ENA PRICE BY 20%

Ethereal Exchange's proposal to integrate its decentralized exchange (DEX) into Ethena's hedging engine has sent ENA prices soaring by over 20%. The plan, submitted for governance voting on September 20, aims to enhance Ethena's liquidity and expand the utility of its stablecoin, USDe. If approved, 15% of future Ethereal governance tokens will be allocated to ENA holders.

Following the news, ENA surged from $0.3496 to $0.4179, with a 145% increase in trading volume. The derivatives market also saw a spike, with ENA futures open interest rising 20%, hitting $190 million.

#Marketsentimentstoday #Write2earn #Ethena #ENA #ethena_labs $ENA