Significant whale activity observed: A crypto whale’s recent purchase of 5.29 million ENA tokens at 1.12 USD each indicates confidence in Ethena. Despite a 9.2% decline in price, ENA ROSE 16.6% in the past week, demonstrating market resilience.

Attractive yields boosting interest: Ethena’s stablecoin, USDe, offers a competitive yield of 27%, surpassing other options. With a total value locked of over 5.84 billion USD, Ethena solidifies its position among MAJOR stablecoins, attracting both new and returning investors.