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@Skyler
Creator influente
$ENA the chart is starting to match the bigger narrative. 👀
Standard Chartered has initiated coverage on Ethena and set a $2 price target for ENA by end-2028, citing growth in yield-bearing stablecoins, USDe adoption, tokenization and Ethena’s buyback model. USDe is currently around $4.9B, while the bank expects it to reach $40B by 2028.
But the chart is where things get interesting.
$ENA /USDT15M:
• Price: ~$0.264
• Strong breakout from the ~$0.245–$0.250 base
• Heavy volume confirms
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