$ENA ENA/USDT is a trading pair that represents the exchange rate between Ethena (ENA), a cryptocurrency, and Tether (USDT), a stablecoin pegged to the US dollar. Traders use this pair to speculate on the price movements of ENA relative to USD. ENA has gained attention for its role in decentralized finance (DeFi), offering innovative solutions in synthetic assets. Price volatility in this pair is influenced by market sentiment, project developments, and broader crypto trends. It's important for traders to monitor technical indicators and news updates, as ENA/USDT can present both high-risk and high-reward opportunities in the crypto market.