Standard Chartered says Ethena's ENA could crush Bitcoin and Ethereum returns by 2028
🔍 Executive Brief:
Standard Chartered’s research suggests Ethena’s ENA token could outperform Bitcoin and Ethereum returns by 2028, driven by its revenue‑funded token purchase model. The analysis highlights that current USDe supply is still below the first revenue milestone, implying limited immediate upside but significant long‑term potential.
📊 Trader Lens & Market Flow:
If ENA gains traction, it could siphon liquidity from BTC and ETH futures, tightening open interest and compressing spreads. Institutional players may shift capital into ENA, increasing volatility in the broader crypto sector while creating new arbitrage opportunities across derivatives markets.
⚡ 24H Futures Momentum Leaders:
• $MOVR (+81.3%) — Price: 2.17
• $US (+50.4%) — Price: 0.0268
• $AGT (+33.5%) — Price: 0.0239
#TrendingTopic #Write2Earn #BTC
🔍 Executive Brief:
Standard Chartered’s research suggests Ethena’s ENA token could outperform Bitcoin and Ethereum returns by 2028, driven by its revenue‑funded token purchase model. The analysis highlights that current USDe supply is still below the first revenue milestone, implying limited immediate upside but significant long‑term potential.
📊 Trader Lens & Market Flow:
If ENA gains traction, it could siphon liquidity from BTC and ETH futures, tightening open interest and compressing spreads. Institutional players may shift capital into ENA, increasing volatility in the broader crypto sector while creating new arbitrage opportunities across derivatives markets.
⚡ 24H Futures Momentum Leaders:
• $MOVR (+81.3%) — Price: 2.17
• $US (+50.4%) — Price: 0.0268
• $AGT (+33.5%) — Price: 0.0239
#TrendingTopic #Write2Earn #BTC
