{"id":41630,"date":"2025-08-12T04:01:32","date_gmt":"2025-08-12T04:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41630"},"modified":"2025-08-12T04:01:32","modified_gmt":"2025-08-12T04:01:32","slug":"ethena-ena-price-jumps-150-in-a-month-as-tvl-hits-10b-and-golden-cross-fuels-bullish-outlook","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41630","title":{"rendered":"Ethena (ENA) Price Jumps 150% In A Month as TVL Hits $10B And Golden Cross Fuels Bullish Outlook"},"content":{"rendered":"
\n

Ethena (ENA) has experienced notable growth in the cryptocurrency market, recording a 150% increase over the past 30 days and rising by 40% during the previous week.<\/p>\n

The explosive growth coincides with the protocol\u2019s Total Value Locked (TVL) surpassing $10 billion for the first time, driven by surging adoption of its synthetic dollar, USDe, which recently became the world\u2019s third-largest stablecoin by market cap.<\/p>\n

Daily $5 million ENA buybacks are tightening supply, while whale addresses holding 100k\u20131M ENA have grown 12% in July, now controlling nearly 30% of circulating tokens.<\/p>\n

Ethena (ENA)\u2019s Golden Cross Signals Strong Bullish Momentum<\/strong><\/h2>\n

Technically, ENA\u2019s breakout has been supported by a golden cross, the 50-day Exponential Moving Average crossing above the 200-day EMA, a classic bullish indicator.<\/p>\n

The token\u2019s RSI is near 74, suggesting strong momentum without extreme overbought conditions, while the MACD has confirmed a bullish crossover.<\/p>\n

On August 10, ENA<\/a> surged 14.7% from $0.64 to $0.81, breaking a bullish flag pattern and pushing toward today\u2019s high near $0.85.<\/p>\n

Immediate resistance sits at $0.8741 and the psychological $1.00 level. A decisive break above $1 could trigger a run toward $1.25 and potentially $1.50, according to analysts.<\/p>\n

However, $29.8M in ENA moved to exchanges between August 9\u201310, which could spark short-term volatility. Key downside supports lie at $0.70, $0.56, and $0.47.<\/p>\n

\"ethena<\/p>\n

Ecosystem Growth and Whale Activity Boost Outlook<\/strong><\/p>\n

The USDe stablecoin is now supported across 23 blockchains via LayerZero, processing over $743M in cross-chain volume last week alone.<\/p>\n

Ethena\u2019s expanding ecosystem, combined with strong derivatives market activity, futures volume surged 41.84% to $4.35B, points to sustained market interest.<\/p>\n

Whale accumulation has been particularly notable, with large holders increasing their stakes by over 30% in the past week. Analysts say these moves, along with the pending activation of Ethena\u2019s \u201cfee switch<\/a>\u201d to reward ENA holders, could significantly enhance token value.<\/p>\n

Provided that bullish momentum continues, Ethena\u2019s robust technical performance, notable on-chain expansion, and increasing institutional engagement collectively position it as one of the top DeFi tokens.<\/p>\n

Cover image from Unsplash, ENAUSD chart from Tradingview<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ethena (ENA) has experienced notable growth in the cryptocurrency market, recording a 150% increase over the past 30 days and rising by 40% during the previous week. The explosive growth coincides with the protocol\u2019s Total Value Locked (TVL) surpassing $10 billion for the first time, driven by surging adoption of its synthetic dollar, USDe, which […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41630","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41630"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41630\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}