Ethena (ENA) Dips Below $0.32 Amid Token Unlocks and Technical Challenges
Ethena’s native token, ENA, is under heavy fire as market bears tighten their grip. ENA is currently priced at $0.319, witnessing a decline of over 8% in the past 24 hours, with $241 million in daily trading volume. Ranked 47th by market cap, Ethena currently commands a $1.89 billion valuation.