Now that $ENA is available in Dual Investment it might be more interesting to trade, Don't you think?
Well, it depends.
You can read the article linked below if you will, to have some perspective on what Ethena offers.
DYOR before you act.
I have wrote about Ethena's "fundamentals" (features and products), but as to ENA as an asset, I have not. At least not recently.
In short, its main product is the stablecoin USDe, while ENA is the utility token of the protocol.
Stablecoins have multiplied with the arrival of US President Donald Trump's more propitious policies for crypto as a whole. And that is precisely the problem with most tokens.
The new environment is less restrictive, open to more fierce competition, which is positive for the end-users but disrupting to existing projects.
Stablecoins cannot outperform cash because it is value pegged to fiat currencies, be it USD or EUR. In this case, the price of ENA -the underlying utility token- will depend of the network traffic that might generate demand for it to sustain current levels or move.
That is he generic case for any utility token. So what makes it different from other protocols?
Sponsorship? it is hard to compete against USDT and USDC for obvious reasons. Therefore if you wish to trade for he sake of appreciation, you would be better off with more speculative issues, such as $SOL $ETH
Always check for the available options before committing to what is presented in front of you by others.
©MAAM_A1