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Ethena's daily active addresses hit a 7-month high of 5,057 on June 22, while ENA price remains under pressure amid conflicting signals from traders and large holders.
Ethena Labs evaluates a proposed $250 million allocation into Securitize's tokenized AAA CLO fund on Solana, pushing ENA up 26% to test key resistance.
Janus Henderson, a $480 billion asset manager, purchased ENA governance tokens, added USDe to its treasury, and plans to co-develop crypto ETPs with Ethena.
Janus Henderson invested in Ethena's ENA token and will use USDe for treasury management, but ENA fell 3% to a new all-time low below $0.08.
Ethena (ENA) current price is $0.089230, down 4.3% today.
Ethena (ENA) daily trading volume is $173.4M
Ethena (ENA) current market cap is $828.8M
Ethena (ENA) current circulating supply is 9.2B
Ethena (ENA) fully diluted market cap (FDV) is $1.3B
Ethena (ENA) is founded by Guy Young