Ethena surges 17% in a week! – Mapping ENA’s road to $1

Ethena (ENA) has increased by 17.6% in the past week, overcoming a 10.45% price dip recently. Arthur Hayes, a known figure in the market, holds 7.76 million ENA, amounting to 4.59 million USD, indicating strong confidence in ENA’s potential.

With the launch of StablecoinX, Ethena’s market outlook appears bullish. Recent accumulation by whale investors suggests sustained demand, despite early sell-off indicators. ENA’s recent resistance breakthrough positions it favorably for long-term growth, with a price target potentially reaching 1 USD.