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Ethena Price Shoots 14% Ahead of Massive $100M Token Unlock, Sell-Off Ahead?

ENA, the native cryptocurrency of Ethereum-based synthetic dollar protocol Ethena, has surged by 15% in the last 24 hours, as its USDe stablecoin becomes the third-largest in the category after Tether’s USDT, and Circle’s USDC. On-chain data shows a massive 75% surge in USDe supply on Ethereum, over the past month, showing strong demand in

The post Ethena Price Shoots 14% Ahead of Massive $100M Token Unlock, Sell-Off Ahead? appeared first on CoinGape.

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