Strong liquidity, narrative, recognition, and high volatility make ENA an attractive altcoin when capital rotates into higher-beta assets.
Ethenaâs latest movesâreducing VC unlock pressure and proposing ENA buybacks using revenueâhave further strengthened the bullish narrative, sending ENA up ~20%.
If $BTC holds around $80K and altcoin rotation accelerates, ENA could become a key capital target again. đ
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