Top Reasons Why Ethena Price is Rising Today—Will it Reach $1 in 2025?

2025-07-11 12:46:14

Main Idea

The Ethena (ENA) token has experienced a significant price surge due to bullish catalysts such as its listing on Upbit and growing institutional adoption, with potential for further gains.

Key Points

1. ENA's price surge is driven by its high-profile listing on South Korea’s Upbit exchange and growing institutional adoption via Coinbase.

2. The token has generated over $290 million in revenue and is emerging as a rising force in the DeFi space.

3. ENA's price broke above a falling wedge pattern, signaling a potential 40% rise, with a bullish outlook supported by parabolic recovery.

4. A key validation point for further gains is a rise above $0.5, as the token shows strong momentum and higher targets are anticipated.

5. The wider market perspective remains bullish, with indicators like the supertrend and OBV supporting upward movement.

Description

The post Top Reasons Why Ethena Price is Rising Today—Will it Reach $1 in 2025? appeared first on Coinpedia Fintech News The Ethena (ENA) price has recently witnessed a strong price surge, fueled by multiple bullish catalysts. Key drivers include its high-profile listing on South Korea’s Upbit exchange, growing institutional adoption via Coinbase integration, and impressive protocol revenue milestones. These developments have significantly boosted investor confidence, leading to a sharp uptick i...

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