Is $ENA Still Underrated?
$ENA powers Ethena, a crypto-native synthetic dollar ecosystem built around USDe.

📌 Why it’s interesting:
→ Growing stablecoin & DeFi use cases
→ Potential expansion of Ethena’s ecosystem
→ Strong narrative around on-chain yield and dollar exposure
🚀 Key catalysts: Adoption, protocol revenue, ecosystem growth, and broader DeFi recovery.
⚠️ Risk: High — smart-contract, market, regulatory, liquidity and token-unlock risks remain.

Do you think $ENA is undervalued, or is the risk too high? 👀