🚀 Ethena (ENA) on the rise: why it's worth keeping on your radar in this bull run 📈🔥
🔹 Highlights:
Recent surge of 20% in 24 hours and 50% in the week, thanks to an institutional buyback program launched by StablecoinX (USD 260M in ENA bought daily).
TVL soaring, surpassing USD 7.19 billion, indicating increased activity and demand in its ecosystem.
New momentum from directional whale purchases: former executives like Arthur Hayes are accumulating millions of tokens.
📊 Price predictions 2025–2030:
Technical projections indicate a possible range between USD 0.62 and USD 1.03 in 2025, with bullish forecasts for 2026–2030 reaching between USD 1.3 and USD 2.4, or even up to USD 7 according to more optimistic analysts.
🔎 **Weaknesses to monitor:**
Recent high volatility may be due to selling after vesting community tokens.
It has not yet surpassed key resistance set near USD 0.45–0.54.
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✅ Why consider it this bull run?
1. Strong institutional support with buyback programs and backing in stablecoin spikes.
2. Clear technical growth, with the breakout point at USD 0.54 now acting as solid support.
3. High visibility and adoption, supported by a robust TVL and increasing activity.
4. Significant potential upside, especially if it breaks USD 1 and gains momentum towards USD 2 and beyond.
📊 What do you think? Is ENA a project to watch in this possible altcoin Bull run?
💬 I look forward to your comments 👇
#bullish #ethena
$ENA
🔹 Highlights:
Recent surge of 20% in 24 hours and 50% in the week, thanks to an institutional buyback program launched by StablecoinX (USD 260M in ENA bought daily).
TVL soaring, surpassing USD 7.19 billion, indicating increased activity and demand in its ecosystem.
New momentum from directional whale purchases: former executives like Arthur Hayes are accumulating millions of tokens.
📊 Price predictions 2025–2030:
Technical projections indicate a possible range between USD 0.62 and USD 1.03 in 2025, with bullish forecasts for 2026–2030 reaching between USD 1.3 and USD 2.4, or even up to USD 7 according to more optimistic analysts.
🔎 **Weaknesses to monitor:**
Recent high volatility may be due to selling after vesting community tokens.
It has not yet surpassed key resistance set near USD 0.45–0.54.
---
✅ Why consider it this bull run?
1. Strong institutional support with buyback programs and backing in stablecoin spikes.
2. Clear technical growth, with the breakout point at USD 0.54 now acting as solid support.
3. High visibility and adoption, supported by a robust TVL and increasing activity.
4. Significant potential upside, especially if it breaks USD 1 and gains momentum towards USD 2 and beyond.
📊 What do you think? Is ENA a project to watch in this possible altcoin Bull run?
💬 I look forward to your comments 👇
#bullish #ethena
$ENA