The cryptocurrency Ethena (ENA) has shown a significant increase recently, rising 260% from the $0.25 entry price to $0.81. This surge has attracted attention from crypto analysts and traders.
Dramatic Rise of Ethena (ENA)
According to an analysis from June 2025, Ethena (ENA) increased by 260% from the $0.25 mark, now trading at $0.81. CoinGecko data confirms an increase of 284.80% from its lowest price, with a market cap of BTC 41,905.8263.
Technical Analysis and Predictions
Technical analysts set a support level at $0.45 and forecast potential price targets at $1, $2, and $5. The recent 19% rally supports experts' views on possible further increases. However, risks associated with such volatile assets should be taken into account.
Trader Opinions and Recommendations
Crypto analyst Crypto Patel expressed his optimism and advised booking partial profits to manage risks. He emphasizes the importance of a cautious approach given the market's volatility and urges traders to remain vigilant.
The market for Ethena (ENA) continues to attract attention, and despite the recent rise, traders are advised to exercise caution and consider potential risks. Nevertheless, the development of this cryptocurrency may just be the beginning.
