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Enso Finance (ENSO) – Multi-Chain DeFi Infrastructure
Token / Network: Native token of Enso, powering a Layer-0 API/Metalayer for multi-chain liquidity routing and developer tooling
Current Price: $0.72–$0.73 | FDV: ~$71–91M | Circulating: ~20.6M / 100M
Support / Resistance: Immediate $0.69 / $0.74 | Major $1.25
Utility: Query fees, staking for network validation, governance voting
Key Updates:
Day-one Monad chain integration, simplifying multi-chain DeFi development
"Enso Checkout" enables CEX-to-DeFi deposits via partners like KodiakFi
SDK upgrades reduce integration time for developers
Binance & Upbit listings with HODLer Airdrops driving early liquidity and adoption
Adoption: High validator participation (~97% first epoch), $800M+ transaction volume routed, early developer adoption strong for multi-chain integrations
Strengths: Unified multi-chain API/SDK, Tier-1 listings and liquidity, VC backing (Multicoin Capital), proven early utility
Risks: Massive future supply unlocks (~80–84%), extreme volatility (~85% below ATH), strong competition from DeFi aggregators and L2 interoperability solutions
Outlook:
Short-Term: Price action tied to developer adoption and token unlock absorption
Long-Term: Positioned as a core middleware for multi-chain DeFi; if adoption scales among developers and institutions, ENSO could become a foundational DeFi infrastructure token
#EnsoFinance #ENSO #MultiChainDeFi #DeFiInfrastructure #CryptoAnalysis
