What is ENA?
Ethena is a synthetic dollar protocol built on Ethereum. It offers a crypto-native alternative to traditional banking infrastructure for digital money. It also introduces a globally accessible dollar-denominated savings instrument known as the 'Internet Bond.'
ENA can now be swapped for thousands of available assets on LetsExchange.io.
What are the main market indicators of the token?
The project was launched in 2024. Its total market capitalization is $529,099,833, with an all-time low of $0.1951 and an all-time high of $1.52. Now, the project is ranked 107. The ENA token is available for swaps on LetsExchange.io.
What else makes us believe that ENA may be a wise investment?
Athena connects the lucrative savings opportunities with the DeFi benefits by offering a solution that doesn’t depend on a traditional banking system. It may be a good investment in the long term as its price is expected to grow with the increasing adoption of crypto.
The Ethena website is visited by over 220K visitors. The project has over 186K followers on Twitter and over 14K on Telegram.