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news-imageNovember 1, 2024

Ethena price prediction – ‘Undervalued' ENA may be ready for more gains

A surge in whale activity is often a catalyst for price volatility and bullish trends.
Publisher: AMBCrypto
Sentiment: Positive
ENA

More News Articles

Positive
cover-imageCryptoSlate
December 4, 2024

Demand for high yield makes Ethena's USDe third largest stablecoin

Ethena's synthetic USDe dollar has emerged as the fastest-growing USD-pegged stablecoin over the past 30 days after its market capitalization skyrocketed 73% to an all-time high of $4.77 billion. The surge has propelled USDe to become the third-largest stablecoin, surpassing DAI's $4.7 billion market cap.

Positive
cover-imageThe Currency Analytics
November 29, 2024

Arthur Hayes Drives Major Surge in ENA's Price, drives Optimism for Altcoin's Future

Arthur Hayes, the former CEO of the popular cryptocurrency exchange Bitmex, has made a significant impact on the digital asset world once again, this time with his strategic investment in the altcoin Ethena (ENA). Hayes' recent moves have sent the price of ENA soaring, marking a dramatic shift in the altcoin's market dynamics and fueling optimism for its future.

Positive
cover-imageInvezz
November 28, 2024

ENA price jumps 21% as Arthur Hayes transfers ATH holdings to Ethena

BitMex co-founder and American entrepreneur has been on Ethena (ENA) accumulation spree in the past 48 hours. Lookonchain reveals that he shifted all his Aethir (ATH) assets to ENA amidst portfolio reshuffling. The move comes after ATH's performance went against his expectations, translating to massive losses holdings.

Positive
cover-imageTokenpost
November 28, 2024

Ethena Protocol Gains Momentum with USDe Integration and $2.3 Billion Whale Activity Surge in ENA Tokens

Ethena is a financial protocol built on the Ethereum blockchain, designed to provide a synthetic dollar solution that operates independently of traditional banking systems. Deribits USDe Integration Deribit, a top crypto derivatives exchange, plans to integrate Ethenas USDe stablecoin as margin collateral in early January 2025, pending regulatory approval.

Positive
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.

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