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ENA Price Falls 10% Despite Ethena Growth as $1.52 Target Emerges

ENA Price Falls 10% Despite Ethena Growth as $1.52 Target Emerges

Photo: Coinpedia

USDe crossed $100 million on Monad and became Base's second-largest dollar asset behind USDC. Meanwhile, ENA fell over 10%, while a trader outlined a long-term $1.52 target. Ethena has plenty to celebrate on the business front, but ENA holders aren’t getting the same treatment from the market. Despite a busy October packed with launches, partnerships and growing USDe adoption, the ENA price has fallen more than 10% amid a broader crypto market decline. Now, a long-term bullish forecast is putting a much bigger target on the table.

Source: Coinpedia

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