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Ethena's ENA Soars 20% as Protocol Sees $750M Inflow Amid Rising Crypto Funding Rates

2025-07-20 19:30:00

Description

Ethena's token ENA (ENA) surged on Sunday to its highest price in four months, as the decentralized finance (DeFi) protocol behind the token saw a fresh wave of inflows amid a broader crypto rally. The token, which serves as the governance token for Ethena, advanced roughly 20% during the day to over $0.50, topping that level for the first time since early February, according to CoinDesk data. Ethena is benefiting from the recent surge in crypto prices, generating higher yields for investors. Th...

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$ENA
$0.4998
-1.61%
$FORM
$3.5652
+1.68%
$BTC
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+2.15%
$SOL
$202.27
+2.47%
$ETH
$3720.50
-1.07%

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