Ethena (ENA) stood out with impressive fundamentals — reaching an all-time high TVL of around $15 billion.
On paper, the protocol looked strong and attracted serious attention.
Despite that: • The token is down approximately 78% over the past year
A clear reminder that high Total Value Locked does not automatically protect the token price from broader market pressures and selling.
#Ethena #ENA #DeFi #Crypto
On paper, the protocol looked strong and attracted serious attention.
Despite that: • The token is down approximately 78% over the past year
A clear reminder that high Total Value Locked does not automatically protect the token price from broader market pressures and selling.
#Ethena #ENA #DeFi #Crypto