2024-4-18 10:28 |
Ethena (ENA), the synthetic U.S. dollar protocol built on the Ethereum network, recorded a notable plunge as the market witnessed bearish sentiment. ENA is down by 17% in the past 24 hours and is trading at $0.84 at the time… origin »
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The crypto market remained somewhat muted in the last day as the overall market’s value soared a mere 0. 23% to $3. 02 trillion. While Bitcoins sought stability above $87,500, altcoins showcased mixed performances.
ENA, the native coin of the Ethena ecosystem, has been one of the strong performers over the last seven days. The coin added 5% to its value during that period despite the broader crypto market underperforming.
Abu Dhabi-based M2 Capital has announced a $20 million investment in Ethena, a fast-growing decentralised finance (DeFi) protocol, in a deal that underscores the Middle East’s ambition to become a global hub for digital assets.
Сообщение Ethena Partners With Flowdesk as USDe Surpasses 14 Billion Amid Synthetic Dollar Growth появились сначала на Coinstelegram.
YZi Labs, formerly Binance Labs, has confirmed increasing its position in Ethena, the platform behind the synthetic dollar stablecoin USDe. Such a move indicates confident and renewed dedication to fueling USDe’s prosperity story.
Ethena price hovered near $0. 70 amid overall crypto market wobbles on Friday. Mega Matrix announced it acquired $6 million of ENA for its treasury strategy. Analysts see scope for ENA to approach the $1 mark in the coming weeks as bulls regain control.
The price of Ethena (ENA) cryptocurrency has dropped by nearly 3% today following news of Ethena Labs withdrawing from Hyperliquid’s USDH contest. At the time of writing, ENA traded at $0. 766, marking a 2.