Current ENA Price Overview
¥1.81
📉 24h Change: -¥0.08336 (-4.60%)
ENA Market Statistics
| Metric | Value |
|---|---|
| Market Cap | ¥55.02 billion |
| 24h Trading Volume | ¥6.66 billion |
| Circulating Supply | 30.32 billion ENA |
| Total Supply | 150 billion ENA |
| YTD Return | -73.20% |
Price Ranges (24h)
- Opening Price: ¥1.89
- High/Low: ¥1.89 / ¥1.78
Historical Data
- 52-Week Range: ¥0.9772 – ¥11.16
- All-Time High: ¥10.91
Cryptocurrency Market Insights
Key Trends Shaping the Crypto Landscape
- Bitcoin Supply Squeeze: Exchange reserves hit 7-year lows amid institutional ETF buying, signaling potential supply shocks.
- Altcoin Volatility: XRP consolidates between $2–$2.35, with ETF speculation likely to drive next major move.
- SOL ETF Momentum Fades: After a 14% retracement, holding $144 support is critical to avoid deeper correction.
👉 Explore real-time crypto market trends
Frequently Asked Questions (FAQs)
1. What factors influence ENA's price?
ENA’s value reacts to market sentiment, adoption of Ethena’s synthetic dollar protocol, and broader crypto trends like Bitcoin’s performance.
2. How does ENA’s supply affect its price?
With only 20% of max supply circulating, future token releases may create selling pressure unless demand increases proportionally.
3. Where can I track ENA price changes?
Use our interactive ENA calculator to convert amounts between ENA and CNY with live updates.
4. Why did ENA drop 73% YTD?
Early 2024 hype around "synthetic dollars" faded as traders shifted focus to Bitcoin ETFs and macroeconomic uncertainties.
Key Takeaways
- ENA faces short-term bearish pressure but retains long-term utility in decentralized finance (DeFi).
- Monitor Bitcoin dominance and stablecoin flows for signals of altcoin recovery.
- The ¥1.78–¥1.89 range serves as immediate support/resistance.
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