🚀 ENA Token Pump – What’s Happening?
ENA, the native token of Ethena (USDe protocol), has recently seen sharp price spikes driven by:
🐋 Whale accumulation (large wallets buying and withdrawing from exchanges)
🔥 Ecosystem growth & announcements
💰 Buyback programs and reduced circulating supply
📈 Rising trading volume and market speculation
However, ENA remains highly volatile. ⚠️ Token unlocks, profit-taking, and overall market weakness can quickly reverse pumps.
Bottom line: ENA pumps are driven by hype + fundamentals, but risk management is key.
