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Ethena (ENA) Surges as Binance Lists USDe, Arthur Hayes Targets $1.50


by Anisha Pandey
for CoinEdition

Share:

Arthur Hayes's bullish $1.50 price target for Ethena (ENA) is driven by the powerful revenue-to-buyback flywheel ignited by the Binance USDe listing.
  • Binance listed Ethena’s USDe, boosting demand for ENA.
  • Arthur Hayes has predicted ENA could reach $1.50 on buybacks.
  • ENA up 9% in 24 hours with a 131% spike in volume.

Ethena’s governance token, ENA, is ripping higher after Binance confirmed it will list Ethena USDe (USDe), the protocol’s synthetic dollar.

The move immediately caught the eye of BitMEX co-founder Arthur Hayes, who suggested the listing could kickstart a massive $500 million buyback engine for the ENA token.

Related: Hyperliquid Hits $3.4B Spot Volume as Arthur Hayes Predicts 126x HYPE Price Surge

Why is the USDe Listing on Binance a Game-Changer?

According to Binance, trading pairs for USDE/USDC and USDE/USDT went live on September 9, 2025, with withdrawals set to open on September 10. 

The exchange noted that Ethena’s USDe has already grown into the largest non-fiat-backed dollar asset in the market, with over $12 billion in circulating supply. 

Hayes’s bullish case is built on this listing creating a…

The post Ethena (ENA) Surges as Binance Lists USDe, Arthur Hayes Targets $1.50 appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.99993

+0.01%

$ 0.0164

+1.86%

$ 0.00...361

$ 0.0000607

$ 0.00114

+10%

Share:

In This News

Coins

$ 0.99993

+0.01%

$ 0.0164

+1.86%

$ 0.00...361

$ 0.0000607

$ 0.00114

+10%

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Ethena (ENA) Surges as Binance Lists USDe, Arthur Hayes Targets $1.50


by Anisha Pandey
for CoinEdition

Share:

Arthur Hayes's bullish $1.50 price target for Ethena (ENA) is driven by the powerful revenue-to-buyback flywheel ignited by the Binance USDe listing.
  • Binance listed Ethena’s USDe, boosting demand for ENA.
  • Arthur Hayes has predicted ENA could reach $1.50 on buybacks.
  • ENA up 9% in 24 hours with a 131% spike in volume.

Ethena’s governance token, ENA, is ripping higher after Binance confirmed it will list Ethena USDe (USDe), the protocol’s synthetic dollar.

The move immediately caught the eye of BitMEX co-founder Arthur Hayes, who suggested the listing could kickstart a massive $500 million buyback engine for the ENA token.

Related: Hyperliquid Hits $3.4B Spot Volume as Arthur Hayes Predicts 126x HYPE Price Surge

Why is the USDe Listing on Binance a Game-Changer?

According to Binance, trading pairs for USDE/USDC and USDE/USDT went live on September 9, 2025, with withdrawals set to open on September 10. 

The exchange noted that Ethena’s USDe has already grown into the largest non-fiat-backed dollar asset in the market, with over $12 billion in circulating supply. 

Hayes’s bullish case is built on this listing creating a…

The post Ethena (ENA) Surges as Binance Lists USDe, Arthur Hayes Targets $1.50 appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.99993

+0.01%

$ 0.0164

+1.86%

$ 0.00...361

$ 0.0000607

$ 0.00114

+10%

Share:

In This News

Coins

$ 0.99993

+0.01%

$ 0.0164

+1.86%

$ 0.00...361

$ 0.0000607

$ 0.00114

+10%

Share:

Read More

Donald Trump May Cut Income Tax Completely: What It Means for the Crypto Market?

Donald Trump May Cut Income Tax Completely: What It Means for the Crypto Market?

Key Insights: The crypto market dropped more than 36% from the early-October high. Bu...
Bitcoin Price Prediction: Buyers Hold $90k as Whales Flip To Aggressive Accumulation

Bitcoin Price Prediction: Buyers Hold $90k as Whales Flip To Aggressive Accumulation

Bitcoin price today trades near $91,450 after defending the $90,000 zone for a third ...