The price of ENA has been looking increasingly bearish, slipping into a descending broadening channel over the past few months. In the last four days alone, it has dropped by around 15%. At the time of the post, the ENA price is hovering around $0.30.

Despite the current pullback, some analysts are doubling down on their long-term bullish views for Ethena price. One of the strongest voices in that camp is Crypto Aarav, who believes ENA is massively undervalued right now and could offer significant returns in the coming months and years.

According to Crypto Aarav, ENA is currently available at what he calls the “lowest price imaginable” considering its fundamentals and potential. He goes as far as calling it the finest token in the DeFi sector. To get his point across, he compares ENA’s importance in DeFi to how Trump dominates memes, how Ethereum leads Layer 1 networks, how Cardano is known for staking, and how XRP shines in the payment sector.

What adds more weight to his argument is how fast ENA has risen through the ranks. It has already broken into the top 50 cryptocurrencies within a year of launching, something he says is almost unheard of.

At the time of the post, Ethena has a market cap of around $1.75 billion and a circulating supply of 5.5 billion tokens. Based on these numbers alone, he sees ENA as a “big” token with serious traction behind it.

ENA also has heavyweight support behind it. Aarav points out that it’s backed by major venture capital players like YGI Labs, OKX Ventures, and World Liberty Financial Portfolio. In his view, YGI Labs especially has a history of identifying and supporting tokens that go on to deliver 1,000x returns, so ENA’s inclusion in that portfolio is a big deal.

When it comes to buying ENA, he keeps it practical. The token is listed on major exchanges including Binance, Bybit, and Bitget. He also mentions that it was available on Coinbase in the past and believes it will be relisted there soon.

For those looking to enter a position, Aarav recommends a buy range of $0.20 to $0.21. To manage risk, he suggests placing a stop-loss at around $0.154. He emphasizes that this price zone offers the best opportunity to get in before the market turns around.

But even if you’re already holding ENA from higher levels, say $0.30, $0.40, or even $0.50, his advice is simple: hold your ground. He repeatedly calls ENA a “gem” and assures viewers it will climb again once broader market sentiment improves.

Read Also: How Much XRP Could Make You a Millionaire in Just a Few Years?

At the time of the post, ENA has a daily trading volume of around $200 million. Aarav expects this figure to grow significantly once the altcoin market heats up again.

As for where the ENA price could go, he offers two predictions. In the short term, over the next three to six months, he sees ENA reaching $10. For the long term, he envisions a much larger move, up to $50, but notes that would require strong adoption and broader DeFi expansion. He reminds his audience, “We cannot afford to miss this token.”

Aarav encourages anyone not yet invested to consider buying at $0.21 and sticking with the $0.15 stop-loss strategy. He also invites viewers to share their opinions and strategies in the comments, making it clear that he sees ENA as one of the most promising tokens for 2025 and beyond.

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The post How High Could Ethena (ENA) Price Go in 2025? appeared first on CaptainAltcoin.

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