DeFi· ★★★· bullish·

ENA climbs to $0.28 as Ethena expands USDe yield reserve into RWA

  • —ENA hit $0.28 before retracing to around $0.27
  • —A whale withdrew 18.34 million ENA worth $5.13 million from four exchanges
  • —Protocol inflows reached about $24 million in 24 hours
  • —SMI rose to 80 and DMI+ climbed to 43 versus DMI- at 6
Why it matters: Sustained capital inflows and whale accumulation could push ENA past $0.30, though overbought momentum raises the risk of a pullback.
Source: AMBCrypto