Ethena (ENA) Surges 25% After New Pendle Finance Integration Goes Live
- The price of Ethena’s ENA token has surged over 25% in the last 72 hours
- The rally was sparked by the integration of its USDe stablecoin with Pendle Finance
- An analyst has spotted a “bull flag” on the chart, with a potential price target of $1.50
ENA, the native token of the synthetic dollar protocol Ethena, has surged over 25% after its stablecoin, USDe, was integrated with Pendle Finance’s yield-boosting looping mechanism. The move appears to have strong backing from large holders, or “whales,” who are capitalizing on the new, higher yields.
Sound familiar? This isn’t the first time a major integration has sent ENA flying. Here’s our past report on what happened when Aave added support for USDe.
Ethena is now live on HyperEVM
— Pendle (@pendle_fi) August 7, 2025sUSDe (25 Sep '25) with 30x Sats
Earn fixed yield on @ethena_labs assets directly within your favourite chain, with deeper Pencosystem integration just around the corner. pic.twitter.com/TQYHN1kQJr
Ethena-Pendle collaboration and a 25% ENA rally
Ethena went live on HyperEVM last Thursday, receiving immediate support from the Ethena ecosystem. The innovation’s adoption is having a positiv…
The post Ethena (ENA) Surges 25% After New Pendle Finance Integration Goes Live appeared first on Coin Edition.
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Ethena (ENA) Surges 25% After New Pendle Finance Integration Goes Live
- The price of Ethena’s ENA token has surged over 25% in the last 72 hours
- The rally was sparked by the integration of its USDe stablecoin with Pendle Finance
- An analyst has spotted a “bull flag” on the chart, with a potential price target of $1.50
ENA, the native token of the synthetic dollar protocol Ethena, has surged over 25% after its stablecoin, USDe, was integrated with Pendle Finance’s yield-boosting looping mechanism. The move appears to have strong backing from large holders, or “whales,” who are capitalizing on the new, higher yields.
Sound familiar? This isn’t the first time a major integration has sent ENA flying. Here’s our past report on what happened when Aave added support for USDe.
Ethena is now live on HyperEVM
— Pendle (@pendle_fi) August 7, 2025
Earn fixed yield on @ethena_labs assets directly within your favourite chain, with deeper Pencosystem integration just around the corner. pic.twitter.com/TQYHN1kQJr
Ethena-Pendle collaboration and a 25% ENA rally
Ethena went live on HyperEVM last Thursday, receiving immediate support from the Ethena ecosystem. The innovation’s adoption is having a positiv…
The post Ethena (ENA) Surges 25% After New Pendle Finance Integration Goes Live appeared first on Coin Edition.
Read More
XRP Crashes 56% as $700 Million in Longs Liquidated: What Happened Next