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Ethena (ENA)

Ethena ENA

Rank #80
$0.0932
+5.81% 24h
DeFiGovernance Token ● Updated 8 min ago · daily refresh

Ethena (ENA) trades at $0.0932, the 80th-largest cryptocurrency by market capitalisation at $841.7 M. Over the past 24 hours it is +5.81% and over the week -4.73%. Our composite Price Strength score reads 37/100, liquidity health 70/100, and 7-day annualised volatility sits near 122% — higher than 85% of the top 100 coins.

Ethena · At a glance

37
Price Strength Bearish
70
Liquidity Deep
122%
Volatility pctile 85
0.61
BTC Correlation moderada
6%
ATH Recovery of ATH
High
Confidence of model

Ecoonomia composite scores derived from live market data. Methodology →

Ethena · Price chart

Price performance

1h24h7d30d1y
+0.00%+5.81%-4.73%-4.73%+0.00%

Market statistics

Market Cap$841.7 M
24h Volume$232.7 M
24h Turnover27.6%
Volatility (7d ann.)122%
Circulating Supply9,026,562,500 ENA
Max Supply15,000,000,000
All-Time High$1.52
All-Time Low$0.0769
Fully Diluted Val.$1.4 mil M
BTC Correlation (7d)0.61
ATH Recovery6%

Ethena · Technical analysis

43
RSI (14) neutral
MACDBearishhistogram 0.00
TrendBearishvs moving averages
Moving averageValuePrice vs MASignal
MA-50$0.1072-12.30%Below
MA-100$0.1032-8.88%Below
MA-200$0.1542-39.03%Below

Support

$0.0937
$0.0866
$0.0843

Resistance

$0.1099
$0.1137
$0.1194

Ethena is trading below its 50-day and below its 200-day moving average — a bearish configuration. Its 14-day RSI sits at 43 (neutral), and the MACD is showing a bearish signal.

Indicators computed on real daily closes (Binance). By construction, support sits below the current price and resistance above.

Ethena · Price history (OHLC)

DateOpenHighLowCloseChg
Jun 2$0.0888$0.1013$0.0816$0.0940+5.86%
Jun 1$0.0881$0.0900$0.0847$0.0887+0.68%
May 31$0.0884$0.0932$0.0848$0.0881-0.34%
May 30$0.0868$0.0896$0.0855$0.0883+1.73%
May 29$0.0883$0.0901$0.0843$0.0868-1.70%
May 28$0.0932$0.0936$0.0855$0.0883-5.26%
May 27$0.0969$0.0991$0.0921$0.0933-3.72%
May 26$0.1002$0.1041$0.0966$0.0969-3.29%
May 25$0.0987$0.1020$0.0977$0.1002+1.52%
May 24$0.1022$0.1027$0.0963$0.0987-3.42%
May 23$0.1000$0.1063$0.0937$0.1021+2.10%
May 22$0.1069$0.1104$0.0989$0.1000-6.45%
May 21$0.1058$0.1083$0.1031$0.1069+1.04%
May 20$0.1028$0.1076$0.1022$0.1058+2.92%

Ethena · Market analysis

Volatility & risk

Realised volatility for ENA is very high, with a 7-day annualised reading near 122%, placing it above 85% of the top 100 by volatility. Expect wide swings and size positions accordingly.

Liquidity & depth

Around $232.7 M changed hands in 24 hours — about 27.6% of market value turning over daily — which we read as a deep, actively-traded market.

Correlation with Bitcoin

Over the past week ENA's returns correlate 0.61 with Bitcoin: it shows a moderate link to Bitcoin. Correlation regimes shift, so treat this as a snapshot.

Ethena · Network & on-chain data

Total Value Locked (TVL)$4.5 mil M
Market Cap / TVL ratio0.19Cheap

TVL (data from DefiLlama) measures the capital deposited in the protocol. A lower market-cap-to-TVL ratio typically signals a more conservative valuation relative to the protocol's fundamentals.

Ethena · Macro context

0.35
S&P 500 correlation moderately correlated
0.18
Gold correlation independent

Over the last 90 days, Ethena's daily returns have been moderately correlated the S&P 500 (correlation 0.35) and independent gold (0.18). A low correlation to both suggests its price has been driven mainly by crypto-specific factors rather than the broader macro backdrop.

90-day Pearson correlation of daily returns (data from Yahoo Finance). Near +1: move together; near 0: independent; negative: opposite moves.

ENA to USD

ENAUSD
0.5 ENA$0.0466
1 ENA$0.0932
5 ENA$0.4659
1 ENA$0.9318
25 ENA$2.33
5 ENA$4.66
1 ENA$9.32
5 ENA$46.59
1, ENA$93.18
10, ENA$931.82

Supply & tokenomics

Ethena has a circulating supply of 9,026,562,500 ENA against a hard cap of 15,000,000,000 — 60.2% of the maximum already exists. A meaningful share is still to be released, so emission schedules are worth tracking.

60.2% of supply in circulation

Ethena · Price prediction 2026–2027

TechnicalNeutral$0.0839 – $0.1044
Statistical$0.0919$0.009318 – $0.2184
Relative (peers)+1.38%$0.0864 – $0.1031
PeriodLowAverageHighPotentialBias
24 Hours$0.0922$0.0932$0.0946-0.01%Neutral
7 Days$0.0904$0.0931$0.0969-0.09%Neutral
30 Days$0.0873$0.0928$0.1006-0.40%Neutral
3 Months$0.0825$0.0921$0.1056-1.20%Neutral
6 Months$0.0776$0.0910$0.1099-2.39%Neutral
1 Year$0.0703$0.0888$0.1149-4.73%Neutral
End of 2026$0.0763$0.0906$0.1109-2.77%Neutral
End of 2027$0.0638$0.0863$0.1182-7.37%Bearish
2031$0.0392$0.0731$0.1212-21.53%Bearish

The ensemble blends a technical (momentum), statistical (volatility) and relative (comparable peers) model. Probabilistic scenarios, not financial advice.

About Ethena

How Ethena works

Ethena is the token of a decentralised finance protocol governed by its holders. Rather than a base chain, it represents a specific application — such as lending, trading or liquid staking — and ENA typically grants governance rights and, in some cases, a share of protocol fees.

What is Ethena used for?

ENA is used to vote on protocol decisions, and its value is closely tied to the adoption and revenue of the underlying protocol — which is why the market-cap-to-TVL ratio is a key valuation lens.

Risks & considerations

All crypto-assets are volatile and high-risk; never invest more than you can afford to lose. Specific risks include protocol exploits, governance attacks and the token's dependence on the underlying protocol's revenue.

Where to buy Ethena

ExchangePairPrice24h VolumeTrust
BinanceENA/USDT$0.0940$41.5 M
CoinbaseENA/USD$0.0939$4.4 M
KrakenENA/USD$0.0937$1.8 M

Highest-volume markets for Ethena (data from CoinGecko). The trust dot reflects the pair's liquidity and reliability.

Regional platforms

In Latin America and Spain you can buy Ethena on local Spanish-speaking platforms:

BitsoMexico · LatAm
Lemon · BuenbitArgentina
Bit2Me · BitnovoSpain
Binance · Coinbase · KrakenGlobal

Ethena vs comparable coins

CoinPrice24h7dCap
DeXe DEXE$18.19-2.17%+12.93%$850.6 M
​​Stable STABLE$0.0355-9.57%-3.88%$826.2 M
Venice Token VVV$18.48+0.69%+4.27%$857.7 M
JUST JST$0.0947-1.39%+1.38%$808.4 M
Janus Henderson Anemoy Treasury Fund JTRSY$1.11+0.01%+0.06%$865.2 M
NEXO NEXO$0.8081-3.58%-2.62%$807.9 M

Ethena · FAQ

What is the current price of Ethena (ENA)?
Ethena is trading at $0.0932 with a market capitalisation of $841.7 M. Prices on this page update from live market data.
Will Ethena go up in 2026?
No one can predict prices with certainty. Our model produces a banded scenario from Ethena's momentum and volatility — see the forecast table above. It is an estimate, not financial advice.
Where can I buy Ethena?
Ethena can be bought on major global exchanges (Binance, Coinbase, Kraken) and, depending on your country, on regional platforms such as Bitso (Mexico), Buenbit or Lemon (Argentina) and Bit2Me or Bitnovo (Spain).
Is Ethena a good investment?
That depends on your goals and risk tolerance. Ethena is volatile; never invest more than you can afford to lose. This is informational content, not financial advice.

Disclaimer: informational content only, not financial advice. Cryptocurrencies are volatile and high-risk. Predictions are model estimates and may be inaccurate.