Ethena ENA Dey Rise 14% as USD e Stablecoin Dey Soar
Ethena ENA jump 14.84% reach $0.6230 for 24 hours, dem make e market cap climb reach $3.95 billion. Dis kain rally happen as dem unlock plenty token and demand for USDe stablecoin dey grow well well, e jump enter third largest stablecoin by market cap with supply of $9.3 billion. Trading volume rise 33.6%, e show say traders dey very interested. Ethena DeFi protocol climb go 6th place by TVL with $9.47 billion, na high yields and recent integrations dey drive am. Meanwhile, Ethena plan to launch USD-compliant stablecoin with Anchorage Digital under GENIUS Act. Dis kind developments dey show say DeFi dey strong and fit help Ethena ENA keep di bullish run.
Bullish
Ethena ENA surge by 14% plus 33.6% volume increase show strong bullish momentum. Dis one dey similar to old rallies wey happen after token unlocks, like how AAVE spike when vested tokens enter market. For short term, traders fit chase FOMO-driven gains as USDe demand dey push liquidity into ENA. Stablecoin climb to third biggest by supply and Ethena rise to sixth for DeFi TVL mean say ecosystem dey grow well. For long-term, plans to get USD-compliant stablecoin with Anchorage under GENIUS Act and high yield integrations dey support steady upside, but traders suppose watch supply unlocks and market sentiment changes.