Strong growth of ENA: ENA has no token lock until Q1 2025, facilitating sustainable growth. A revenue-sharing program of up to 150 million USD is a significant incentive for long-term holders.
Impact from USDE: The triple-digit annual growth of USDE emphasizes ENA in the ecosystem. The increasing usage of USDE shows a strong upward trend in DeFi applications.
Leveraging Ethereum opportunities: ENA, being an Ethereum-based token, benefits from Ethereum’s price increases. The power of Ethereum drives participation in related projects.
Strong tokenomics: The project announced 150 million USD in revenue-sharing to encourage long-term holding. This mechanism validates the utility of the ENA token in the crypto market.
Scarcity and price impact: Not unlocking new tokens until Q1 2025 maintains limited supply. Scarcity may stimulate price increases if demand rises.