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news-imageNovember 7, 2024

Ethena (ENA) & Raydium (RAY) Lead the Markets with Over 30% Gains-Here Begins the Biggest Altseason

The probability of a strong altseason has increased as the Bitcoin price has risen. Moreover, the growing Bitcoin dominance fueled the expectation, which appears to become viable as the altcoins continue to gain strength. Presently, the dominance has reached levels around 60% from where the famous 2021 bull run was instigated.
Publisher: CoinPedia
Sentiment: Positive
ENA
RAY

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cover-imageThe Currency Analytics
November 8, 2024

Ethena's ENA Token Surges 41% in One Week: Could $1 Be Within Reach

The price of Ethena (ENA), the native token of the Euler Labs platform, has surged dramatically by 41% in the past week, attracting the attention of investors and traders alike. This impressive rally has left many wondering: Could ENA be on track to hit $1?With recent bullish signals, growing market activity, and exciting developments from Euler Labs, Ethena's ENA token seems to be entering a promising phase.

Positive
cover-imageBitcoin
November 8, 2024

Wintermute Proposes New Benefits for Ethena Token Holders

New rewards could be in the works for Ethena token holders via Wintermute's governance proposal. Ethena Token Holders Set to Enjoy New Rewards Wintermute has suggested a governance change that would implement a “fee switch”, distributing a percentage of Ethena's (ENA) earnings directly to holders.

Positive
cover-imageTokenpost
November 7, 2024

Massive Jump: Big Transactions in Ethena Soar from 23 to 128

Ethena is a financial protocol built on the Ethereum blockchain, designed to provide a synthetic dollar solution that operates independently of traditional banking systems. Whale Accumulation- Recent activity from large investors (or whales) in Ethena (ENA) has greatly impacted its price.

Positive
cover-imageCrypto Economy
November 7, 2024

Wintermute's Latest Proposal Aims to Reward Ethena Stakers with Revenue Share

TL;DR Wintermute has proposed a governance change to reward Ethena (sENA) token holders by introducing a “fee switch” to allocate a portion of Ethena's revenue directly to them. The proposal aims to ensure a fair distribution of Ethena's revenue, addressing the gap between the protocol's financial performance and the benefits for staked token holders.

Positive
cover-imageCoinPedia
November 7, 2024

Raydium (RAY) Price Targets $16.78: Is a 250% Rally Ahead?

With a rising trend and the broader market recovery, the RAY price bull run creates a new all-time high. As the Solana-based DeFi protocol becomes one of the top performers in the crypto market, bulls target higher price levels. As the RAY prices approach the $6 breakout, will the bull run reach $16.

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