Analytics

ENA Price Shoots 25% As Ethena Pitches Direct Competition to Tether

13.10.2024

ENA, the native cryptocurrency of Ethereum-based DeFi project Ethena has witnessed a strong surge as the platform pitches a direct stablecoin competition with industry giant Tether. As a result, the ENA price has shot up by 25% moving to $0.35 with its market cap surging past $920 million. Also, the daily trading volume for ENA has surged by 180% to $233 million.

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13.10.2024
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