Over 2.07 billion Ethena (ENA) tokens worth $820 million will hit the crypto market in the first week of March.

Bitcoin Suisse, an institutional-grade crypto services provider, is expanding its digital asset offerings with access to four new tokens.

Ethena (ENA) is set for $1.3 billion in token unlocks this week, marking a significant milestone in the cryptocurrency landscape

This week in crypto, several major events are in the pipeline, with the potential to affect traders' and investors' portfolios. Among the top stories include the White House crypto summit, massive ecosystem-specific token unlocks, and Tron blockchain moving forward with its recent commitments.

The final week of February 2025 saw Figure secure $200 million for its asset management platform. Crypto.news collected data from Crypto Fundraising and discovered that the week's funding reached nearly $500 million across multiple sectors.

Bithumb, a prominent South Korean crypto exchange, has officially added Ethena (ENA) to its KRW market.

Ethena (ENA), a relatively young cryptocurrency, has recently garnered significant attention in the digital asset space. This surge in interest can be attributed to a series of substantial whale movements, including a massive transaction that could potentially set the stage for a price rally.

MEXC, the leading global Cryptocurrency Exchange, announced on Wednesday that it has made a whopping 20 million dollars investment in $USDe in order to drive the stablecoin adoption. It further revealed that MEXC Ventures, the investment arm of MEXC, has also allocated $16M for USDe developer, Ethena Labs.

The crypto market displays significant fear as Bitcoin approaches new lows of $80K. Amid the uncertainty, Ethena (ENA) witnessed optimism, with a large-scale investor purchasing its latest dip. Investors scoop ENA's dip Lookonchain highlighted a new wallet that cashed out 14.51 million ENA assets (worth around $5.95 million) from Binance.

MEXC has invested $20 million in USDe, Ethena's synthetic dollar, to drive stablecoin adoption and expand DeFi innovation. The exchange also launched a $1 million rewards campaign to incentivize participation in the growing stablecoin market.

A newly created wallet has withdrawn 14.51 million ENA tokens worth $5.95 million.

USDe is a synthetic dollar stablecoin that has nearly $5.9 billion in circulation.

TL;DR Enhanced Transparency and Security: Ethena Labs integrates Chaos Labs' Edge Proof of Reserves Oracles to boost the transparency and security of USDe's reserves. Market Response: The move comes after recent USDe volatility due to Bybit's hacked ether derivatives market, aiming to restore stability and confidence.

The importance of synthetic stablecoins in the crypto market

Ethena has created history with its mind blowing hold over the world. The financial system was revolutionized when Ethena started climbing the ladder.

ENA appears to be reversing from a prolonged downtrend, with a descending wedge breakout and Elliott Wave counts signaling a potential new impulsive phase. Key resistances lie at $0.63 and $0.76.

Ethena Labs has just revealed that it integrated Chaos Labs' data authenticity technology, Edge Proof oracles, to strengthen the risk management framework for its synthetic dollar token USDe. Ethena's USDe is a synthetic stablecoin that maintains a soft peg with the U.S.

Bithumb added Ethena ENA to the KRW market, with trading volume rising over 100% despite the token's recent price decline.

Ethena's price is showcasing remarkable resilience amid the wider crypto market bloodbath, with most altcoins posting losses in the 8 – 20% range in the last 24 hours. Currently trading at $0.

Ethena Labs has integrated Chaos Labs Edge Proof oracles to strengthen the risk management framework of its synthetic stablecoin, USDe. The integration enhances transparency by independently verifying USDes total reserves, reserve coverage, and governance-approved collateral.

Bithumb, one of South Korea's leading crypto exchanges, is set to add Ethena to its Korean Won market today. According to Bithumb's official announcement, trading for Ethena (ENA) will begin at 6:00 PM KST on Tuesday, Feb. 25, 2025.

The Edge Proof of Reserves Oracles provide a real-time, transparent mechanism to verify that token issuers like Ethena hold sufficient reserves.

Ethena has secured $100 million in funding from major investors to develop its blockchain ecosystem and introduce iUSDe, a token tailored for traditional financial institutions.

A recent Bloomberg report reveals that Ethena Labs, the crypto startup behind the yield-bearing stablecoin USDe, has secured $100 million from well known strategic investors. Ethena Labs Garners $100M in Pivotal Funding Round Over the past year, the yield-bearing stablecoin USDe has captured considerable attention, emerging as the third-largest fiat-pegged token by market capitalization.

Ethena's investors purchased its native token, ENA, at $0.40, causing its price to spike to $1.30 in mid-December. However, market fluctuations have since pushed ENA down to $0.41, marking a 51.48% loss in the past one month.

TL;DR Ethena Foundation raised $100 million in a private sale of ENA tokens with investors such as Franklin Templeton and Polychain. The funds will finance a new blockchain and the launch of iUSDe, a token designed for financial institutions. iUSDe aims to adapt the USDe model to regulated markets through programmable transfer restrictions.

Among the various investors, we find institutional players of the caliber of Franklin Templeton and F-Prime Capital.

USDe's market cap has jumped to around $6 billion this month, becoming the third largest stablecoin behind Tether's USDT and Circle's USDC

Ethena Labs founder Guy Young previously announced plans to roll out iUSDe — a product designed for regulated financial institutions — in January.

The funds will be used to build out its new Ethena chain and to support the launch of its institutional product.

Ethena's significant funding round highlights growing institutional interest in blockchain innovations, potentially accelerating crypto-finance integration. The post Ethena secures $100 million in funding round backed by Franklin Templeton, F-Prime Capital, and Dragonfly Capital appeared first on Crypto Briefing.

Ethena's native token, ENA, is currently experiencing a surge in network activity, with a notable 328.77% increase in network engagement over the past week. This surge in network activity, paired with rising market sentiment and bullish investor behavior, has raised speculation about whether ENA's price will continue to rise.

ENA's price gains are supported by strong network growth and bullish sentiment.

Ethena (ENA), has been gaining attention due to its potential to become a significant player in the blockchain space. Following its early gains, ENA has experienced some volatility, prompting investors to look ahead at its price prospects.

According to Ethena Labs, the USDe stablecoin's exposure to Bybit via derivatives is more than offset by its reserve fund.

Ethena Labs has provided an update confirming that its unrealized PNL exposure to the hacked crypto exchange Bybit is now zero.

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

Ethena (ENA) has flashed a buy signal, offering potential for a price rebound after a period of decline. This signal comes from the TD Sequential indicator on the 12-hour chart, suggesting that ENA could see a price recovery.

ENA's charts flashed potential for recovery, but resistance levels will determine the sustainability.

Ethena's native token, ENA, is facing significant downward pressure after one of the token's major holders transferred 18 million ENA tokens, worth around $8.78 million, to Binance. This substantial transaction, which occurred on February 11, has caused a notable price drop for the token, with ENA experiencing a more than 10% decline in value over the past 24 hours.

ENA, the native token of Ethena—an Ethereum-based synthetic dollar protocol—has been the market's top loser over the past 24 hours. The altcoin trades at $0.42, plunging over 10% during that period.

Digital tokens suffered sudden dips as Bitcoin plunged beneath $95K after the US CPI data. While top altcoins XRP (-3.05%), Solana (-3.30%), and AVAX (-5%) reflected the dwindled sentiments, Ethena led the downside with an over 12% dip. Besides the worrying inflation figures, today's Ethena unlock intensified ENA's price plunge on the daily chart.

Blockchain analytics firm Lookonchain reports significant losses for a crypto trader involved in a decentralized finance (DeFi) project that recently saw a steep price correction.

Blockchain tracking firm Lookonchain says a crypto trader is looking at massive losses after one decentralized finance (DeFi) project underwent a severe correction.

Ethena just unlocked nearly 8 million tokens, but surprisingly, the unlock event had little impact on the price. On Feb. 12, Ethena (ETH) unlocked 7.93 million tokens, accounting for 0.25% of its total supply, with 65.

In the crypto market, whales play a significant role. Fellow investors often follow the bigger holders for potential opportunities, which is why their decision could heavily impact a digital asset's price performance.

Ethena takes a big dive in 2025 as Ethereum loses its bullish momentum. However, the recent shift of crypto market sentiment teases a comeback in the ENA price trend.