> *Standard Chartered Bank expects Ethena token ENA to reach $2 by the end of 2028*
> Standard Chartered Bank has started covering the Ethena token ENA and expects the token to reach $2 by the end of 2028. According to Odaily, the bank said Ethena is at the intersection of perpetual contracts, tokenization, and stablecoins, and ENA may benefit from growth in these areas and newly launched buyback programs. The bank said Ethena is currently the fourth-largest stablecoin issuer after Tether, Circle, and Sky, and the second-largest interest-bearing stablecoin issuer after Sky. It also said that USDe is the stablecoin that will reach a market capitalization of $10 billion the fastest.#viral #chinese #ena $ENA
> Standard Chartered Bank has started covering the Ethena token ENA and expects the token to reach $2 by the end of 2028. According to Odaily, the bank said Ethena is at the intersection of perpetual contracts, tokenization, and stablecoins, and ENA may benefit from growth in these areas and newly launched buyback programs. The bank said Ethena is currently the fourth-largest stablecoin issuer after Tether, Circle, and Sky, and the second-largest interest-bearing stablecoin issuer after Sky. It also said that USDe is the stablecoin that will reach a market capitalization of $10 billion the fastest.#viral #chinese #ena $ENA
