Ethena (ENA) has been facing significant challenges in recent weeks, primarily due to large-scale sell-offs by whale investors. The token, which had experienced some fluctuations, recently saw a sharp drop in value, triggering concerns about its future price trajectory.

Investor profit-taking has shaken market confidence in ENA, prompting a sharp sell-off.

Algorand (ALGO) price has surged 20% in the last 24 hours, bringing its market cap back to $4 billion. Over the past seven days, ALGO has gained 38%.

Algorand (ALGO), a blockchain network known for its scalability and decentralization, has been steadily gaining attention in the cryptocurrency space. Despite its impressive surge of over 250% in Q4 2024, ALGO remains significantly below its all-time high (ATH) of $3.28, which it reached in June 2019.

Ethena (ENA), once a promising cryptocurrency, is now under significant pressure as its price continues to drop. After losing the crucial support level of $0.86, the token has slipped to $0.81, leaving many investors worried about its future.

The price of Algorand jumped more than 20% in 24 hours, retesting the key resistance level of $0.44 on Jan. 15.

ALGO crypto gains more than 14% in 24 hours but can this momentum spark a break out?

Algorand (ALGO), a layer-1 blockchain protocol, has experienced an uptick in price within the last 24 hours. ALGO is outperforming the crypto market by about 9%.

The crypto markets faced notable bearish pressure during the past week, which raised concerns over the upcoming price action. Meanwhile, the latest recovery suggests the tokens are on a bullish track as the global market capitalisation surged over $3.5 trillion while the sentiments have again become greedy.

ENA trades below critical support levels, with analysts predicting further declines unless a recovery above $0.86 is achieved.

RWA TVL grows by 34.6%: Algorand lays the foundations for the future of tokenization.

The team estimates it could earn approximately 27% APY, helping drive revenue to Sky and maximizing returns for Savings USDS depositors.

Ethena token stabilized after falling sharply in recent days following Spark's announcement of stablecoin integration. Ethena (ENA) rose to $0.83 on Jan. 14, recovering from this week's low of $0.7255.

Ethena (ENA), a promising contender in the cryptocurrency space, is under scrutiny following a significant $6.46 million deposit of 7.85 million tokens by Arthur Hayes, co-founder of BitMEX, into Binance and Bybit. This high-profile move has fueled market speculation about potential sell-offs or strategic repositioning, driving a 9.84% price drop.

ENA faces market challenges, yet investor sentiment remains cautiously optimistic.

Arthur Hayes actively traded Ethena (ENA), while also encouraging users to buy USDe for staking.

Bitcoin's (BTC) price action remained muted over the weekend as it traded sideways and hovered around the $95,000 mark. BTC had dipped to a low of $91,314 on Friday before recovering to climb above $94,000.

The cryptocurrency market has experienced a turbulent period recently, but there are signs of recovery as Bitcoin and other major altcoins make notable gains. Bitcoin has surged back above $94,000, sparking optimism across the broader market.

USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It's a synthetic dollar that uses a “delta-neutral” strategy to maintain its peg with the U.S. dollar.

Bitcoin (BTC) dipped to its lowest level since November as its post-election rally lost steam. BTC fell to an intraday low of $91,314 before recovering to its current level of $93,311.

After witnessing a notable pullback, the crypto markets are trying hard to cope with the recent losses. The Bitcoin price surged back above $94,000 and is sustaining above the levels, increasing the bullish momentum within the markets.

Ethena (ENA) has experienced a significant 18% drop in price over the last 24 hours, pushing its market cap below the $3 billion mark. Despite this, ENA remains one of the top 50 largest cryptocurrencies by market capitalization.

Stablecoins and liquid staking tokens are continuing to drive TVL growth across DeFi.

Digital assets remain in the red as Bitcoin hovers below $95K after its recent plunge from above $100K. Ethena saw its value decline over the past few days, and a 7% price dip in the past day plunged its market cap beneath $3 billion.

Ethena (ENA) price has dropped 18% in the last 24 hours, pushing its market cap below $3 billion. Despite this decline, ENA remains one of the top 50 largest cryptos by market cap.

Crypto wallet developer Exodus Movement Inc has made history in its journey as it got uplisted on the New York Stock Exchange (NYSE) American. For a firm that traded in the OTC Markets (OTCQX), this NYSE listing marks a major upgrade for the firm.

Ethena, a well-known synthetic dollar protocol built on the Ethereum blockchain, is considering its next goals for the new year.

TL;DR Ethena surpasses DAI and reaches a $6 billion market capitalization with its stablecoin USDe, standing out in the sector. The integration of sUSDe into Aave drives over $1 billion in inflows in just a few weeks, attracting large investors. Ethena launches USDtb, a stablecoin backed by U.S.

As a minor pullback in the ENA price harming the Ethena whales' confidence, the price analysis reflects a buying opportunity.

Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.

Algorand (ALGO) has been making waves in the cryptocurrency space lately, capturing the attention of traders and investors alike. With its strong performance on the charts, combined with increasing network activity and its innovative governance structure, ALGO is positioning itself as a major player in the market.

Ethena shows strong technical indicators and consistent growth across multiple timeframes, with a potential target of $2.44

ENA's recent activity among whales and retail traders places the asset in a favorable position.

Bitcoin bulls keep pushing for $100,000, and if they make it, SUI, ENA, SOL and ICP could also break out.

Here is how some of your favorite assets concluded the week.

The crypto project backed by BitMEX founder Arthur Hayes wants to explore a potential market for financial services on the messaging platform Telegram. In a statement, Ethena Labs says it's mulling building a Telegram-based savings and payment application this year as it sees a $50 billion market for its synthetic dollar USDE.

Ethena Labs, a prominent player in the world of synthetic dollars, has unveiled an ambitious 2025 roadmap designed to enhance the accessibility and usability of its innovative financial products. Central to the plan is the integration of iUSDe, a synthetic dollar variation, into traditional finance (TradFi) portfolios, offering attractive 20% annual percentage yields (APY) to investors seeking stable returns in the current economic climate.

Ethena (ENA) has garnered significant attention in the crypto space, surging by over 11% in the past 24 hours and pushing its market capitalization to a solid $3.5 billion. This rally is driven by a range of strong technical indicators that suggest the token may have more room for growth in the near future.

ALGO's near-term price action will be determined by a few key factors.

The cryptocurrency market has started to show signs of a recovery as Bitcoin's price strengthens, waking up altcoins that were previously suppressed under bearish pressure. Among the tokens gaining traction are Hedera (HBAR) and Algorand (ALGO), which have displayed considerable strength since the beginning of the year.

The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.

In 2024, Ethena (ENA) was one of the cryptocurrencies that shined the most, gaining major attention from investors. However, things might go to another level after its strategic growth and new development plans.

Ethena (ENA) is showing strong bullish momentum, breaking key resistance levels and attracting steady capital inflows.

Ethena Labs unveiled its 2025 roadmap on January 3, introducing a Telegram-based payment and savings application leveraging its sUSDe stablecoin.

Ethena (ENA) price has surged over 11% in the last 24 hours, bringing its market cap to $3.5 billion.

Ethena protocol reveals an ambitious roadmap for 2025, planning major expansions into TradFi and introducing new products after achieving remarkable growth, with its synthetic dollar USDe becoming the third-largest USD asset in crypto.

Ethena Labs published its roadmap for 2025 on Jan. 3, which included the reveal of a Telegram application for payments and savings based on its sUSDe stablecoin, aiming to offer a “neobank experience.” The initiative allows users to send, spend, and save sUSDe directly within the messaging app.