Ethena (ENA) has experienced a remarkable surge, with its price nearly doubling over the past month. Currently boasting a market cap of $1.15 billion, ENA is drawing significant attention from investors.
The bullish momentum in Ethena's market activity suggests that the altcoin could potentially rally further by another 67%, raising questions about whether it will surpass the $0.50 threshold this month.
The recent activity follows a trend of robust performance as Ethena capitalizes on market dynamics, indicating the possibility of continued growth for the cryptocurrency.