$ENA

ENA is currently trading around $0.59, showing a modest dip from recent highs as of today. Trading volume surged earlier this month amid large token unlocks and heavy whale activity. Institutions and high-net‑worth entities such as Arthur Hayes have been accumulating ENA in million‑dollar increments, signaling growing interest in Ethena’s ecosystem . Despite a major token unlock releasing over 2 billion ENA (valued at ~$740M), prices initially fell but later recovered, indicating resilient demand . Analysts are watching key resistance near $0.60–0.62; a sustained breakout could open room to mid‑$0.70s or higher .