Ethena [ENA] recently experienced a significant surge of 36%, positioning it as a leading gainer for the week. The current focus is on whether it can break the next target of $0.46.
This surge reflects optimism within the market, as investors are keenly watching Ethena's performance.
Despite its impressive short-term gains, certain factors could undermine its long-term prospects, creating an atmosphere of cautious optimism among stakeholders.
![Ethena [ENA] surges 36% – Will the next $0.46 target break?](https://loutre.blockchair.io/w4/storage/news/2d065a81e30cf52ab74493b9ec97beaa.png){kind=small}
