Ethena Price Prediction: ENA Price Surge, Is It A Good Time To Buy

Ethena is a decentralized finance (DeFi) protocol built on the Ethereum blockchain that offers a crypto-native solution called USDe, a synthetic dollar stablecoin. ENA is the native governance token and a yield-generating “Internet Bond” of Ethena. ENA, the native governance token of Ethena, is trading at $0.29 today, with more than 12% higher over the past 24 hours. According to the ENA price prediction, the token is expected to maintain its short-term bullish momentum, and any movement below $0.20 and $0.25 levels could trigger a downturn. 

ENA Current Market Scenario

According to the latest market data, ENA shows mixed signals in the cryptocurrency market despite its short-term bullish momentum. Multiple trackers recorded that ENA has recently posted strong 24-hour gains of around 10-12%. Its trading volume and activities have also surged, indicating a renewed interest. The ENA price today is $0.29, trading below its 50-Day Simple Moving Average ($ 0.3713) and 200-Day SMA ($ 0.4831). ENA has traded 8/30 days in green, and its fear and greed index shows 20, which is extreme fear in the market.     

• Market dominance: 0.07%
• Supply inflation: 161.19% (High)
• Volatility: 21.90% (Extremely High)
• Circulating Supply: 7.42 billion ENA           

ENA Market Outlook: Technical Analysis Overview and Why is ENA’s Price Up Today

ENA’s current market analysis concludes that the digital asset is trading with a 1.73% intraday gain, fueled by renewed investor interest. Its upward momentum indicates the increased market activity despite the mixed momentum in the broader cryptocurrency market.

While comprehending ENA’s technical analysis, ENA is trading below its major moving averages, indicating a tendency for price drop and long-term bearish sentiment. ENA’s key support levels are identified at around the $0.22 – $0.27 range. Analysts opine that a drop below this point could signal further decline. ENA’s immediate resistance is noted around the $0.36 to $0.37 zone. A sustained break above this only helps ENA to recover from its current mixed momentum. Ethena’s Relative Strength Index (RSI) is showing oversold conditions, suggesting selling pressure may ease, and a short-term bounce continues. 

A recent whale accumulation is the major factor behind ENA’s current enhanced market momentum. On November 25, 2025, a wallet linked to Ethena Labs acquired 25M ENA ($6.7M) from Bybit, increasing its total holdings to 85.15M ENA ($76.46M). The market rotation is another factor driving ENA’s short-term bearish momentum. ENA managed to outperform 93% of top cryptocurrencies on November 25, while Bitcoin’s dominance steadied at 58%. ENA’s rally is attributed to whale-driven liquidity, technical rebounds, and market dynamics that favour high-beta assets.  

ENA Price Prediction Today: Can ENA Coin Reach $1 Today

ENA is showing a short-term price rebound amid the mixed market momentum. But the native cryptocurrency of Ethena hitting the $1 psychological level is unlikely. ENA can only break above the $1 price point; it needs to trade and stay steady above the $0.5-$0.8 level today, which is unlikely at the moment. The upcoming Major CEX or RWA integrations will expand USDe’s utility, its expansion to Layer 2s via native USDe minting, and the enhanced institutional demand for synthetic stable yield instruments will catalyze ENA and help break above $1 by the end of this year. 

Disclaimer: ENA’s price data included in the table above is predicted, not guaranteed, and subject to market volatility

ENA is expected to show a short-term bearish outlook in the market and is expected to remain in the $0.20–$0.32 range for the next week. ENA could trade closer to $0.3, and is less likely to hit $0.5, which is a crucial point for breaking the $1 psychological level.  

Medium-Term Price Prediction: ENA Price Predictions 2025

Ethena’s network developments and institutional demand for synthetic stable yield instruments will take ENA coin to a whole new level. ENA’s medium-term price prediction is based on current market statistics; the scenario will change once the catalyzing factors tackle the current hazards. 

Our prediction experts commented that in 2025, Ethena (ENA) was anticipated to change hands in a trading channel between $0.2034 and $0.2923, leading to an average annualized price of $0.2275. They noted that this could result in a potential return on investment of 1.02% compared to the current rates.

Long-Term Price Prediction: ENA Price Prediction 2025-2030

According to our ENA long-term price prediction, the digital asset is expected to reach the highest price of $8.00 in 2030. 2026 will be a pivotal year for ENA, as it holds the potential to break above the critical $1 psychological level.

The  Bottom Line

ENA is the governance token of Ethena, providing the holders a role in the protocol’s governance. The tokan can be used for transactions, trading, and cross-border payments. ENA is showing early signs of a significant market recovery as it exhibits short-term bullish momentum in the crypto market. According to our ENA price prediction, the digital asset will only break above $1 if it steadies above $0.5 in the near term. According to the latest market data, it is a good time to buy ENA, because its upward momentum is likely to continue at least for the next week.

Cryptocurrency investments are highly speculative and inherently risky. The information provided is for informational purposes only and does not constitute financial, legal, or investment advice. Consult a financial expert before investing. 

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