The community behind a synthetic dollar protocol on Ethereum (ETH) is proposing adding a top ETH rival to its reserve assets for its stablecoin. According to a new Ethena (ENA) community proposal, the community is considering adding Solana (SOL) as a reserve asset for the US-dollar pegged stablecoin USDe. “This proposal recommends an allocation of […]
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The native token of the synthetic dollar protocol developer Ethena (ENA) surged by more than 45% this week as the project rolled out multiple new products. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the […]
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Synthetic dollar protocol developer Ethena Labs is updating the tokenomics for its native asset, ENA, in a bid to increase the token’s utility. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the Internet Bond.” […]
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We’re thrilled to announce that Aevo (AEVO), Arkham (ARKM), AltLayer (ALT), Ether.fi (ETHFI), Ethena (ENA), Maple (MPL), Safe (SAFE) and ZetaChain (ZETA) are now available on Kraken! Funding and trading AEVO, ARKM, ALT, ETHFI, ENA, MPL, SAFE and ZETA funding and trading are live. Add these tokens to your Kraken account by navigating to Funding, […]
The post Trading for AEVO, ARKM, ENA and more available now appeared first on Kraken Blog.
A top crypto trader thinks one Ethereum (ETH)-based decentralized finance (DeFi) token is an “obvious play” amid recent ETH developments. The pseudonymous analyst known as the Flow Horse tells his 216,500 followers on the social media platform X that the governance token of Ethena (ENA) looks promising. “Looking to go for round 2 of a […]
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A new Ethereum (ETH)-based USD-pegged stablecoin is getting a boost from one of the world’s largest crypto exchanges. Ethena Labs has announced that USDe, the stablecoin of the Ethena (ENA) ecosystem, is being integrated by Bybit, the third largest crypto exchange by trading volume. “We are excited to share one of the most important developments for USDe adoption to date. As of […]
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A widely followed crypto analyst believes one Ethereum (ETH)-based decentralized finance (DeFi) token is being set up for a large rally. According to pseudonymous trader The Flow Horse, the governance token of Ethena (ENA) is one of many new altcoins presenting opportunities, but requires patience for payoff. “There are a couple pairs that I am eyeing that are […]
The post Top Trader Says Says One New Altcoin Project Set To Go Much Higher Amid ‘Reliable Setups’ In Market appeared first on The Daily Hodl.
The crypto market holds steady at a valuation of $2.31 trillion, experiencing a 2.60% decline in the last 24 hours. In the preceding week, bitcoin and ethereum each dipped between 5.4% and 1.8%. Notably, only four coins experienced double-digit increases, with helium (HNT) emerging as the top performer with a 34.3% rise this week. Crypto […]
A widely followed crypto strategist says one Solana (SOL) rival may be gearing up for a breakout. Pseudonymous analyst Altcoin Sherpa tells his 215,200 followers on the social media platform X that layer-one blockchain Sei (SEI) may reverse to the upside after retesting a key level. “Coins like SEI are at pivotal areas. 200-day exponential […]
The post Crypto Trader Says Solana Rival Forming Decent Trade Setup, Updates Outlook on Pepe, Ethena and Celestia appeared first on The Daily Hodl.
A widely followed crypto analyst and trader is expressing bullish sentiment on a Solana (SOL) competitor while offering his forecast on three altcoins. Starting with Sei (SEI), the analyst pseudonymously known as Altcoin Sherpa tells his 215,200 followers on the social media platform X that the native token of the layer-1 blockchain “could be a […]
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