Standard Chartered Sees 669% Upside for Ethena's ENA by 2028
Standard Chartered forecasts ENA could reach $2 by the end of 2028, citing USDe expansion, diversified yields, and revenue-funded token buybacks.
Standard Chartered forecasts ENA could reach $2 by the end of 2028, citing USDe expansion, diversified yields, and revenue-funded token buybacks.
Ethena is adding tokenized U.S. stocks and Binance equity perpetuals to USDe’s backing strategy as it expands its delta-neutral basis trade.
On Friday, the TronDAO team announced on X that USDe and sUSDe are live on the TRON network, expanding access to Ethena’s digital dollar products across one of the world’s largest stablecoin settlement networks.
On Tuesday, the Ethena team announced via X that they have launched EthenaPay, an internet neobank.
Ethena’s ENA token surges 23% as the foundation eliminates monthly investor unlocks and proposes using protocol revenue for token buybacks.