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ETHENA
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EyeOnChain
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Raghav, a savvy crypto investor, made a bold move. He quietly withdrew 5.188 million ENA tokens—valued at $2.09 million—from his Binance account, locking in an average price of $0.401 per token. Using his wallet address, 0x6c55e5494fef6f87dd274b999bf858ce454cff94, he staked the entire sum with Ethena, marking his first major accumulation of ENA. As word spread, the market responded. ENA's price surged by 11.36% over the next 24 hours, a testament to the ripple effect of a whale's calculated decision. #ETHENA #Ethena! #ENA $ENA {spot}(ENAUSDT) {future}(ENAUSDT)
Raghav, a savvy crypto investor, made a bold move. He quietly withdrew 5.188 million ENA tokens—valued at $2.09 million—from his Binance account, locking in an average price of $0.401 per token. Using his wallet address, 0x6c55e5494fef6f87dd274b999bf858ce454cff94, he staked the entire sum with Ethena, marking his first major accumulation of ENA.

As word spread, the market responded. ENA's price surged by 11.36% over the next 24 hours, a testament to the ripple effect of a whale's calculated decision.

#ETHENA #Ethena! #ENA $ENA
#ETHENA #ENA PRICE ANALYSIS $ENA is showcasing a falling wedge pattern on the daily timeframe, suggesting a potential bullish breakout. This is exciting news for #Crypto traders, especially in the current bull market. If $ENA breaks out of the wedge, we might witness a rally of around 100%. However as always some 10 - 15% pull is still possible to prepare for impressive bull rally.
#ETHENA #ENA PRICE ANALYSIS

$ENA is showcasing a falling wedge pattern on the daily timeframe, suggesting a potential bullish breakout. This is exciting news for #Crypto traders, especially in the current bull market.

If $ENA breaks out of the wedge, we might witness a rally of around 100%. However as always some 10 - 15% pull is still possible to prepare for impressive bull rally.
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Are you ready for $ENA 😎 ? Binance listing 🚀 #ETHENA
Are you ready for $ENA 😎 ?
Binance listing 🚀
#ETHENA
Let him cook Let him him cook Let him cook now I said let him coook #ENA is cooooook now profits #ETHENA
Let him cook
Let him him cook
Let him cook now
I said let him coook
#ENA is cooooook now profits
#ETHENA
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Bearish
#SAGA team is spreading some stupid reasons by their paid influencers that #ETHENA and other newly launched coins are the reason for price dumping as investors are taking money out and investing in other coins đŸ€” does it makes any sense ? another red flag 🚹 #SAGA $SAGA
#SAGA team is spreading some stupid reasons by their paid influencers that #ETHENA and other newly launched coins are the reason for price dumping as investors are taking money out and investing in other coins đŸ€” does it makes any sense ? another red flag 🚹
#SAGA $SAGA
#ENA #ETHENA Discussion post. Comment all Crypto enthusiasts. when it will pump?
#ENA #ETHENA Discussion post. Comment all Crypto enthusiasts. when it will pump?
#ENA #ETHENA ENA Airdrop and Season 2: Sats Campaign Ethena Labs launches Sats, its second season campaign, featuring BTC alongside Ethen. The campaign runs for five months or until USDe supply hits $5 billion. New partnerships include MakerDAO, Morpho, Mantle, Pendle, and EigenLayer Points, with additional Pendle pools. USDe Pendle pool on ETH L1 reopens April 2nd. ✅@Money
#ENA #ETHENA
ENA Airdrop and Season 2: Sats Campaign

Ethena Labs launches Sats, its second season campaign, featuring BTC alongside Ethen. The campaign runs for five months or until USDe supply hits $5 billion. New partnerships include MakerDAO, Morpho, Mantle, Pendle, and EigenLayer Points, with additional Pendle pools. USDe Pendle pool on ETH L1 reopens April 2nd.

✅@Money
Is #ETHENA ($ENA) worth the investment? Basically, the Ethena protocol on Ethereum platform is almost the same with #ETHFI⁩ but they differ in terms of profitability and usability. The most basic similarity is that they both allow you to stake $ETH and earn interest. As their slogan implies, Ethena is building a totally new concept of internet money that is not pegged to the US Dollar or the traditional banking system that is prone to censorship. So USDe is not backed up by fiat, unlike USDT. Instead it is backed up by spot assets which makes USDe scalable (by using multiple derivatives), stable (through hedging of collaterals), and censorship resistant (by not depending on the banking system and by storing backing assets outside the centralized liquidity venues). The main advantage of USDe is it allows you to have access to a "synthetic" dollar which is different from existing stablecoins backed up by USD. You can have a virtual dollar savings account which yields high interest without having to go through the traditional banking system. That's why they call it an "internet bond", which converts ETH into a stable form of internet money. This in turn can function similarly with stablecoins as transactional money (for online payments) and as stable store of value but generates higher yields. So where does $ENA come into place? $ENA is simply their utility coin which will be used for voting, governance and so on, which is not in anyway related to USDe. Currently the price of $ENA is approximately $0.70 so its listing price on Binance can go from $1 to $3 which is a very good return for your staked $BNB or $FDUSD. Is it worth buying once listed? I think so. If you look at the performance of ETHFI it could well follow same route. However, as I mentioned in my previous post about ETHFI that it can drop to $2+ (which it did) but can go back up because the timing was perfect when BTC was just about to recover. So it pumped up along with BTC. If BTC will not fall back after listing of ENA, it could then pump above $3. Follow me for more insights.
Is #ETHENA ($ENA ) worth the investment?

Basically, the Ethena protocol on Ethereum platform is almost the same with #ETHFI⁩ but they differ in terms of profitability and usability. The most basic similarity is that they both allow you to stake $ETH and earn interest.

As their slogan implies, Ethena is building a totally new concept of internet money that is not pegged to the US Dollar or the traditional banking system that is prone to censorship. So USDe is not backed up by fiat, unlike USDT. Instead it is backed up by spot assets which makes USDe scalable (by using multiple derivatives), stable (through hedging of collaterals), and censorship resistant (by not depending on the banking system and by storing backing assets outside the centralized liquidity venues).

The main advantage of USDe is it allows you to have access to a "synthetic" dollar which is different from existing stablecoins backed up by USD. You can have a virtual dollar savings account which yields high interest without having to go through the traditional banking system. That's why they call it an "internet bond", which converts ETH into a stable form of internet money. This in turn can function similarly with stablecoins as transactional money (for online payments) and as stable store of value but generates higher yields.

So where does $ENA come into place?

$ENA is simply their utility coin which will be used for voting, governance and so on, which is not in anyway related to USDe.

Currently the price of $ENA is approximately $0.70 so its listing price on Binance can go from $1 to $3 which is a very good return for your staked $BNB or $FDUSD.

Is it worth buying once listed?

I think so. If you look at the performance of ETHFI it could well follow same route. However, as I mentioned in my previous post about ETHFI that it can drop to $2+ (which it did) but can go back up because the timing was perfect when BTC was just about to recover. So it pumped up along with BTC.

If BTC will not fall back after listing of ENA, it could then pump above $3.

Follow me for more insights.
🚀 Market Momentum Update 🚀 ETHENA In an impressive leap forward, the price of ENA soared by 62% within just a day! But Why the Surge? 🌟 The surge is primarily driven by a burgeoning interest in its yield-farming feature, particularly after the unveiling of its governance token, ENA. đŸ’„ Adding to the excitement, the buzz around a hefty $600 million investment proposal by MakerDAO in DAI – allocated to USDe and staked USDe (sUSDe) through the DeFi lending powerhouse, Morpho Labs – has only intensified the frenzy. #CryptoSurge #ETHENA #YieldFarming #DeFiInvestment #MarketMomentum
🚀 Market Momentum Update 🚀
ETHENA
In an impressive leap forward, the price of ENA soared by 62% within just a day!
But Why the Surge?
🌟 The surge is primarily driven by a burgeoning interest in its yield-farming feature, particularly after the unveiling of its governance token, ENA.
đŸ’„ Adding to the excitement, the buzz around a hefty $600 million investment proposal by MakerDAO in DAI – allocated to USDe and staked USDe (sUSDe) through the DeFi lending powerhouse, Morpho Labs – has only intensified the frenzy.
#CryptoSurge #ETHENA #YieldFarming #DeFiInvestment #MarketMomentum
#ena $ENA got its momentum and getting ti the new ath of $3. With the current market hype, do you think it will stop there or will get to somewhere higher? Let’s share comment and your vision to the new USDT alternative. #ETHENA will be top 4 of this year #VietnamBinanceSquare
#ena $ENA got its momentum and getting ti the new ath of $3.
With the current market hype, do you think it will stop there or will get to somewhere higher?

Let’s share comment and your vision to the new USDT alternative.
#ETHENA will be top 4 of this year
#VietnamBinanceSquare
𝗔𝘂𝗮𝘂𝘀𝘁 𝟮, 𝟼𝟬𝟼𝟰 🚹🚹🚹 BREAKING: Japan issues tsunami warning after 6.4 magnitude earthquake. đŸ”„ JUST IN : Grayscale introduces new investment products tailored for $SUI and $TAO. 🚀 đŸ”„ JUST IN : #ETHENA 's $USDe stablecoin is now live on the #Solana 💰 blockchain. JPMorgan, $JPM, CEO says no recession in US and hopes for soft landing. đŸ”„ HUGE : US Microstrategy and Blackrock’s #Bitcoin 💰 ETF combined hold 570,000 BTC worth over $32 billion.
𝗔𝘂𝗮𝘂𝘀𝘁 𝟮, 𝟼𝟬𝟼𝟰

🚹🚹🚹 BREAKING: Japan issues tsunami warning after 6.4 magnitude earthquake.

đŸ”„ JUST IN : Grayscale introduces new investment products tailored for $SUI and $TAO. 🚀

đŸ”„ JUST IN : #ETHENA 's $USDe stablecoin is now live on the #Solana 💰 blockchain.

JPMorgan, $JPM, CEO says no recession in US and hopes for soft landing.

đŸ”„ HUGE : US Microstrategy and Blackrock’s #Bitcoin 💰 ETF combined hold 570,000 BTC worth over $32 billion.
🔔Binance Exchange announced the new #launchpool project #ETHENA ($ENA). Participating in Binance Launchpools offers users the opportunity to gain early access to new token projects and earn additional income by staking these tokens. This can also enable users to diversify their portfolios and take advantage of potential upsides. We will share the details with you when the Launchpool date is determined.
🔔Binance Exchange announced the new #launchpool project #ETHENA ($ENA).

Participating in Binance Launchpools offers users the opportunity to gain early access to new token projects and earn additional income by staking these tokens. This can also enable users to diversify their portfolios and take advantage of potential upsides.

We will share the details with you when the Launchpool date is determined.
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Sami Janjua 307
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Bullish
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