Ethena price is seeing a sharp bounce back jumping 4.54% in the last 24 hours all the way to $1.22 with its market cap soaring all the way to $3.57 billion. ENA eyes new all-time high above $1.5 as its synthetic dollar USDe hits $6 billion in market cap. Built on the Ethereum network, USDe, which functions similarly to other stablecoins has been quickly gaining market share this year.
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