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MTRS CRYPTO
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Ethena’s ENA Buyback Plan Is Approved — But There’s a Catch ⚡ Ethena has taken a major step toward linking protocol growth with value for $ENA holders. CONFIRMED: Ethena’s governance vote for the ENA fee-switch framework passed in September. The plan ties buybacks to USDe circulating-supply milestones. HOW IT WORKS: - $7.5B USDe supply: 5% revenue allocation - $10B: 10% - $15B: 15% - $20B: 20% At the first milestone, the framework directs 95% of net revenue paid to the Ethena Foundation from its covered business lines toward ENA buybacks. THE CATCH: USDe supply was reported at approximately $4.94B in Ethena’s October governance update—below the $7.5B threshold. So approval does not mean buybacks are automatically active. Watch USDe growth and official implementation updates. Click the $ENA widget below and check the latest developments. $ENA {future}(ENAUSDT) . . . . #Ethena #Crypto #write2earn Not financial advice. DYOR.
Ethena’s ENA Buyback Plan Is Approved — But There’s a Catch ⚡

Ethena has taken a major step toward linking protocol growth with value for $ENA holders.

CONFIRMED: Ethena’s governance vote for the ENA fee-switch framework passed in September. The plan ties buybacks to USDe circulating-supply milestones.

HOW IT WORKS:

- $7.5B USDe supply: 5% revenue allocation
- $10B: 10%
- $15B: 15%
- $20B: 20%

At the first milestone, the framework directs 95% of net revenue paid to the Ethena Foundation from its covered business lines toward ENA buybacks.

THE CATCH: USDe supply was reported at approximately $4.94B in Ethena’s October governance update—below the $7.5B threshold. So approval does not mean buybacks are automatically active.

Watch USDe growth and official implementation updates.

Click the $ENA widget below and check the latest developments.

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#Ethena #Crypto #write2earn
Not financial advice. DYOR.
$ENA auction rotation shows buyers absorbing near VAL at 0.18887 below value. 🔼 Long setup 📍 Entry: 0.1883 🛑 Stop: 0.1833 (-2.7%) 🎯 TP1: 0.19831 (+5.3%) 🎯 TP2: 0.20331 (+8.0%) ⚖️ Half off at TP1 → stop to entry {spot}(ENAUSDT) #Ethena #AuctionTheory
$ENA auction rotation shows buyers absorbing near VAL at 0.18887 below value.

🔼 Long setup
📍 Entry: 0.1883
🛑 Stop: 0.1833 (-2.7%)
🎯 TP1: 0.19831 (+5.3%)
🎯 TP2: 0.20331 (+8.0%)
⚖️ Half off at TP1 → stop to entry


#Ethena #AuctionTheory
NEAR, UNI and ENA: A Reality Check on Today’s Market Structure   NEAR is trading around $4.819, down about 5.0% over the latest 24-hour session after moving between $4.764 and $5.198. The price action shows active participation, but the inability to sustain the session high highlights that buyers still need stronger follow-through to regain momentum.   UNI is near $7.099, lower by roughly 3.2% in the same period, with a daily range of $6.998 to $7.360. Uniswap remains one of the most recognised DeFi names, yet the current move reflects a cautious market where liquidity and broader DeFi sentiment are still driving short-term direction.   ENA is trading around $0.1874, down about 5.9%, after touching $0.2011 and $0.1839. Despite heavy trading activity, the wider intraday range shows that volatility remains elevated. ENA’s market attention is closely tied to confidence in the stablecoin and yield narrative, making sentiment especially important.   The bigger picture is clear: all three assets are seeing pressure, but their structures differ. NEAR represents Layer 1 and AI-related ecosystem interest, UNI tracks DeFi activity and governance demand, while ENA carries higher sensitivity to protocol-specific adoption and risk sentiment. In a choppy market, price stability, volume quality and sector rotation matter more than hype.   #NEARProtocol #Uniswap #Ethena #CryptoMarket #DeFi $NEAR {spot}(NEARUSDT) $UNI {spot}(UNIUSDT) $ENA {spot}(ENAUSDT)
NEAR, UNI and ENA: A Reality Check on Today’s Market Structure

NEAR is trading around $4.819, down about 5.0% over the latest 24-hour session after moving between $4.764 and $5.198. The price action shows active participation, but the inability to sustain the session high highlights that buyers still need stronger follow-through to regain momentum.

UNI is near $7.099, lower by roughly 3.2% in the same period, with a daily range of $6.998 to $7.360. Uniswap remains one of the most recognised DeFi names, yet the current move reflects a cautious market where liquidity and broader DeFi sentiment are still driving short-term direction.

ENA is trading around $0.1874, down about 5.9%, after touching $0.2011 and $0.1839. Despite heavy trading activity, the wider intraday range shows that volatility remains elevated. ENA’s market attention is closely tied to confidence in the stablecoin and yield narrative, making sentiment especially important.

The bigger picture is clear: all three assets are seeing pressure, but their structures differ. NEAR represents Layer 1 and AI-related ecosystem interest, UNI tracks DeFi activity and governance demand, while ENA carries higher sensitivity to protocol-specific adoption and risk sentiment. In a choppy market, price stability, volume quality and sector rotation matter more than hype.

#NEARProtocol #Uniswap #Ethena #CryptoMarket #DeFi

$NEAR
$UNI
$ENA
Ethena’s ENA Buyback Plan Is Moving Forward — Here’s the Catch ⚡ Ethena is pushing to connect $ENA’s value more directly to protocol growth, but the buyback mechanism has an important condition. CONFIRMED: Ethena’s governance forum published an ENA fee-switch activation update on October 12, following an earlier tokenholder vote approving the proposed framework. HOW IT WORKS: - At $7.5B in USDe supply, 5% of protocol revenue is allocated to buybacks. - At $10B, the proposed rate rises to 10%. - Higher supply milestones unlock higher rates, subject to the approved framework. IMPORTANT: These are supply-triggered milestones, not proof that buybacks are already active. More USDe adoption is needed to unlock the mechanism. Will Ethena reach the next milestone? Watch USDe growth and official implementation updates. Click the $ENA widget below and check the latest developments. $ENA {future}(ENAUSDT) . . . . #Ethena #crypto #write2earn Not financial advice. DYOR.
Ethena’s ENA Buyback Plan Is Moving Forward — Here’s the Catch ⚡

Ethena is pushing to connect $ENA ’s value more directly to protocol growth, but the buyback mechanism has an important condition.

CONFIRMED: Ethena’s governance forum published an ENA fee-switch activation update on October 12, following an earlier tokenholder vote approving the proposed framework.

HOW IT WORKS:

- At $7.5B in USDe supply, 5% of protocol revenue is allocated to buybacks.
- At $10B, the proposed rate rises to 10%.
- Higher supply milestones unlock higher rates, subject to the approved framework.

IMPORTANT: These are supply-triggered milestones, not proof that buybacks are already active. More USDe adoption is needed to unlock the mechanism.

Will Ethena reach the next milestone? Watch USDe growth and official implementation updates.

Click the $ENA widget below and check the latest developments.

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#Ethena #crypto #write2earn
Not financial advice. DYOR.
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$ETH NA / USDT - BULLISH REBOUND ALERT 🚀 Ethena (ENA) pumped +10.5% to $0.205 today, bouncing hard from key support at $0.190. RSI is 46 (Neutral) - still not overbought, so upside remains. If ENA breaks $0.234 resistance, next target is $0.25 - $0.26. Rising volume confirms buyers are back. Short-term trend is now bullish. Keep an eye on BTC movement! #ATH #ETHENA
$ETH NA / USDT - BULLISH REBOUND ALERT 🚀

Ethena (ENA) pumped +10.5% to $0.205 today, bouncing hard from key support at $0.190. RSI is 46 (Neutral) - still not overbought, so upside remains.

If ENA breaks $0.234 resistance, next target is $0.25 - $0.26. Rising volume confirms buyers are back. Short-term trend is now bullish. Keep an eye on BTC movement!

#ATH #ETHENA
ENA’s Buyback Plan Has a Trigger Most Holders Should Watch 👀 Ethena has approved a revenue-linked ENA buyback mechanism—but the purchases scale with USDe growth. CONFIRMED: Ethena’s governance vote passed, with buybacks tied to USDe supply milestones. The first threshold is $7.5 billion in average USDe supply over 14 days. Here’s the important part: up to 95% of net revenue allocated to the Foundation from specified business lines is directed toward ENA buybacks once the threshold is reached. What’s next? Watch USDe supply, official implementation updates, and verified buyback activity. Approval alone does not mean every milestone has been reached or guarantee a price increase. Click the $ENA widget below and check the latest developments. $ENA {future}(ENAUSDT) . . . #Ethena #Crypto #write2earn Not financial advice. DYOR.
ENA’s Buyback Plan Has a Trigger Most Holders Should Watch 👀

Ethena has approved a revenue-linked ENA buyback mechanism—but the purchases scale with USDe growth.

CONFIRMED: Ethena’s governance vote passed, with buybacks tied to USDe supply milestones. The first threshold is $7.5 billion in average USDe supply over 14 days.

Here’s the important part: up to 95% of net revenue allocated to the Foundation from specified business lines is directed toward ENA buybacks once the threshold is reached.

What’s next? Watch USDe supply, official implementation updates, and verified buyback activity. Approval alone does not mean every milestone has been reached or guarantee a price increase.

Click the $ENA widget below and check the latest developments.

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#Ethena #Crypto #write2earn
Not financial advice. DYOR.
🚀 $ENA — BULLISH RECOVERY SETUP! 🔥 💎 Price is approaching a potential recovery zone after the recent correction! 👀 📊 Timeframe: 4H 🟢 Trade Type: SPOT BUY 🎯 Buy Zone: 0.1940–0.1980 🛑 Stop Loss: 0.1840 💰 TP1: 0.2050 (+4.6%) 💰 TP2: 0.2200 (+12.2%) 💰 TP3: 0.2400 (+22.4%) ⚡ BULLISH CATALYST: Buyers are attempting to regain momentum following the recent sell-off. 📈 🔥 Would you accumulate at these levels? #ENA #ethena #SpotTrading #BinanceSquare {spot}(ENAUSDT)
🚀 $ENA — BULLISH RECOVERY SETUP! 🔥
💎 Price is approaching a potential recovery zone after the recent correction! 👀
📊 Timeframe: 4H
🟢 Trade Type: SPOT BUY
🎯 Buy Zone: 0.1940–0.1980
🛑 Stop Loss: 0.1840
💰 TP1: 0.2050 (+4.6%)
💰 TP2: 0.2200 (+12.2%)
💰 TP3: 0.2400 (+22.4%)
⚡ BULLISH CATALYST:
Buyers are attempting to regain momentum following the recent sell-off. 📈
🔥 Would you accumulate at these levels?
#ENA #ethena #SpotTrading #BinanceSquare
NEAR, UNI and ENA: Three Different Narratives, One Risk-On Market   NEAR is trading near $5.04, down about 5.3% over the last 24 hours after moving between $4.92 and $5.39. The pullback shows near-term pressure, but strong trading activity suggests market interest remains active around the Layer 1 narrative.   UNI is around $7.31, down roughly 2.3% in 24 hours. Compared with NEAR and ENA, UNI is showing relatively steadier price behavior, reflecting continued attention on DeFi liquidity, decentralized trading, and the broader Uniswap ecosystem.   ENA is trading close to $0.198, down about 3.6% over the last 24 hours after touching a low near $0.195. ENA remains one of the more volatile DeFi-focused assets, with price action closely tied to sentiment around Ethena’s ecosystem and demand for yield-related narratives.   The current market setup is cautious rather than directionless. NEAR carries higher Layer 1 momentum sensitivity, UNI remains linked to DeFi infrastructure strength, and ENA offers higher-beta exposure to the stablecoin and yield narrative. Volatility is still elevated, so short-term moves can change quickly as liquidity and broader crypto sentiment shift.   #NEARProtocol #Uniswap #Ethena #CryptoMarket #DeFi $NEAR {spot}(NEARUSDT) $UNI {spot}(UNIUSDT) $ENA {spot}(ENAUSDT)
NEAR, UNI and ENA: Three Different Narratives, One Risk-On Market

NEAR is trading near $5.04, down about 5.3% over the last 24 hours after moving between $4.92 and $5.39. The pullback shows near-term pressure, but strong trading activity suggests market interest remains active around the Layer 1 narrative.

UNI is around $7.31, down roughly 2.3% in 24 hours. Compared with NEAR and ENA, UNI is showing relatively steadier price behavior, reflecting continued attention on DeFi liquidity, decentralized trading, and the broader Uniswap ecosystem.

ENA is trading close to $0.198, down about 3.6% over the last 24 hours after touching a low near $0.195. ENA remains one of the more volatile DeFi-focused assets, with price action closely tied to sentiment around Ethena’s ecosystem and demand for yield-related narratives.

The current market setup is cautious rather than directionless. NEAR carries higher Layer 1 momentum sensitivity, UNI remains linked to DeFi infrastructure strength, and ENA offers higher-beta exposure to the stablecoin and yield narrative. Volatility is still elevated, so short-term moves can change quickly as liquidity and broader crypto sentiment shift.

#NEARProtocol #Uniswap #Ethena #CryptoMarket #DeFi

$NEAR
$UNI
$ENA
🚨 ENA’S BIGGEST TOKENOMICS CHANGE IS NOW IN EFFECT Ethena’s remaining original investor token unlocks were accelerated to October 5, ending the previous monthly investor-unlock schedule. But there’s another major development: Ethena governance approved a fee switch that can direct up to 95% of allocated net revenue toward ENA buybacks once USDe supply milestones are reached, starting at $7.5B. The catch? Approval does not mean buybacks are already active. The supply trigger still matters. Ethena’s October 13 governance update also reported USDe supply at $4.94B at the end of September—below that initial $7.5B threshold. The real question is whether Ethena can grow USDe enough to activate the new revenue mechanism. $ENA {future}(ENAUSDT) . . . . . #Ethena #Crypto #Write2Earn Not financial advice. DYOR.
🚨 ENA’S BIGGEST TOKENOMICS CHANGE IS NOW IN EFFECT

Ethena’s remaining original investor token unlocks were accelerated to October 5, ending the previous monthly investor-unlock schedule.

But there’s another major development: Ethena governance approved a fee switch that can direct up to 95% of allocated net revenue toward ENA buybacks once USDe supply milestones are reached, starting at $7.5B.

The catch? Approval does not mean buybacks are already active. The supply trigger still matters.

Ethena’s October 13 governance update also reported USDe supply at $4.94B at the end of September—below that initial $7.5B threshold.

The real question is whether Ethena can grow USDe enough to activate the new revenue mechanism.

$ENA
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#Ethena #Crypto #Write2Earn

Not financial advice. DYOR.
Ethena ($ENA) — Can the Rally Continue? Reported price: $0.2040 | 24h: +10.24% Ethena has posted a notable gain in today's market snapshot. The next challenge is maintaining buying pressure while the market tests whether this move has follow-through. If momentum holds, $0.2142 (+5%) and $0.2244 (+10%) are hypothetical scenarios. A broader market downturn could invalidate the bullish setup. #ENA #Ethena #DeFi #CryptoTrading
Ethena ($ENA) — Can the Rally Continue?
Reported price: $0.2040 | 24h: +10.24%
Ethena has posted a notable gain in today's market snapshot. The next challenge is maintaining buying pressure while the market tests whether this move has follow-through.
If momentum holds, $0.2142 (+5%) and $0.2244 (+10%) are hypothetical scenarios. A broader market downturn could invalidate the bullish setup.
#ENA #Ethena #DeFi #CryptoTrading
$ENA 🔥 ETHENA ($ENA) TESTS $0.20 BASE: USDe Supply Expansion Underway! ​Ethena ($ENA) is consolidating near $0.205, holding key structural support following localized profit-taking across decentralized derivatives markets. ​Trend: Neutral / Accumulation ​Key Support: $0.188 ​Key Resistance: $0.247 ​Why It Moves: Ongoing adoption of synthetic dollar USDe and consistent protocol revenue generation from hedging yields are forming a solid demand floor, steadying sentiment near key multi-week lows. ​Can $ENA defend $0.188 support and mount a recovery toward $0.247 resistance? Share your targets below! 👇 ​#Ethena #ENA #CryptoAnalysis #BinanceSquare #DeFi #TechnicalAnalysis {spot}(ENAUSDT) #CryptoTrading ​Not financial advice.@Ethena_Labs
$ENA 🔥 ETHENA ($ENA ) TESTS $0.20 BASE: USDe Supply Expansion Underway!
​Ethena ($ENA ) is consolidating near $0.205, holding key structural support following localized profit-taking across decentralized derivatives markets.
​Trend: Neutral / Accumulation
​Key Support: $0.188
​Key Resistance: $0.247
​Why It Moves: Ongoing adoption of synthetic dollar USDe and consistent protocol revenue generation from hedging yields are forming a solid demand floor, steadying sentiment near key multi-week lows.
​Can $ENA defend $0.188 support and mount a recovery toward $0.247 resistance? Share your targets below! 👇
​#Ethena #ENA #CryptoAnalysis #BinanceSquare #DeFi #TechnicalAnalysis
#CryptoTrading
​Not financial advice.@Ethena Labs
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🚨 $ENA {spot}(ENAUSDT) : YIELD OPPORTUNITIES COME WITH STRUCTURAL RISKS. Ethena's ecosystem includes synthetic-dollar infrastructure and yield-related products. Understand collateral, funding-rate exposure, liquidity, and protocol risks. Bullish setup: Resistance breaks and holds during improving market conditions. Bearish setup: Price loses support as momentum weakens. Monitor product mechanics and token supply, not just headline yields. Never assume that attractive yields guarantee sustainable returns. #ENA #Ethena #NEARRisesNearly10%
🚨 $ENA
: YIELD OPPORTUNITIES COME WITH STRUCTURAL RISKS. Ethena's ecosystem includes synthetic-dollar infrastructure and yield-related products. Understand collateral, funding-rate exposure, liquidity, and protocol risks. Bullish setup: Resistance breaks and holds during improving market conditions. Bearish setup: Price loses support as momentum weakens. Monitor product mechanics and token supply, not just headline yields. Never assume that attractive yields guarantee sustainable returns. #ENA #Ethena #NEARRisesNearly10%
🚀 ALTCOIN WATCH: $ENA vs $ADA — WHO WILL BREAK OUT FIRST? 🔥📈 💎 ENA (Ethena) is trading around $0.2045 (+10.12%), showing strong bullish momentum after rebounding from the $0.1825 low. The price is holding above MA(7) at $0.2013, but resistance near MA(25) at $0.2058 is the next major hurdle. A breakout above $0.2080–$0.2123 with strong volume could open the door toward $0.2200 and beyond. Support lies around $0.2010 and $0.1887. ⚡ ADA (Cardano) is trading near $0.2306 (+4.06%), recovering from the $0.2159 low. Bulls are defending the $0.2280 area, while resistance sits around $0.2323–$0.2351. A confirmed breakout above this zone could push ADA toward $0.2400 and potentially $0.2468. However, rejection near resistance could trigger another pullback toward $0.2250–$0.2186. 🎯 MY TAKE: Both altcoins are showing recovery signals on the 4-hour charts, but neither has confirmed a full trend reversal yet. $ENA has stronger short-term percentage momentum, while ADA is testing its own resistance zone. Watch volume and candle closes before entering a trade! 💬 Which one has more upside potential in the next move — ENA or $ADA? Comment below! 👇 #ENA #ADA #Ethena #BinanceSquare #NEARRisesNearly10% {spot}(ENAUSDT) {spot}(ADAUSDT)
🚀 ALTCOIN WATCH: $ENA vs $ADA — WHO WILL BREAK OUT FIRST? 🔥📈

💎 ENA (Ethena) is trading around $0.2045 (+10.12%), showing strong bullish momentum after rebounding from the $0.1825 low. The price is holding above MA(7) at $0.2013, but resistance near MA(25) at $0.2058 is the next major hurdle. A breakout above $0.2080–$0.2123 with strong volume could open the door toward $0.2200 and beyond. Support lies around $0.2010 and $0.1887.

⚡ ADA (Cardano) is trading near $0.2306 (+4.06%), recovering from the $0.2159 low. Bulls are defending the $0.2280 area, while resistance sits around $0.2323–$0.2351. A confirmed breakout above this zone could push ADA toward $0.2400 and potentially $0.2468. However, rejection near resistance could trigger another pullback toward $0.2250–$0.2186.

🎯 MY TAKE: Both altcoins are showing recovery signals on the 4-hour charts, but neither has confirmed a full trend reversal yet. $ENA has stronger short-term percentage momentum, while ADA is testing its own resistance zone. Watch volume and candle closes before entering a trade!

💬 Which one has more upside potential in the next move — ENA or $ADA ? Comment below! 👇

#ENA #ADA #Ethena #BinanceSquare
#NEARRisesNearly10%
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$ENA is back Today! {spot}(ENAUSDT) $ENA PUMP STARTED? +5% Today After Big Crash Next Target $0.30? ENA is trading at $0.20 with +5% pump. Yesterday it fell to $0.182 due to $8M liquidations. Founder cleared that big transfer was for security, not selling. Now chart is bullish again. Strong volume and buying back. If ENA holds $0.20, next target is $0.25-$0.30. Good time to watch! Are you holding ENA? Comment below! #ENA #ethena #CryptoNews
$ENA is back Today!

$ENA PUMP STARTED? +5% Today After Big Crash

Next Target $0.30?

ENA is trading at $0.20 with +5% pump.

Yesterday it fell to $0.182 due to $8M liquidations. Founder cleared that big transfer was for security, not selling.

Now chart is bullish again. Strong volume and buying back.

If ENA holds $0.20, next target is $0.25-$0.30. Good time to watch!

Are you holding ENA? Comment below!

#ENA #ethena #CryptoNews
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Bullish
ENA’s Buyback Mechanism Is Now Active — What Matters Next? Ethena’s governance forum confirmed the ENA Fee Switch update on October 12. The approved mechanism links protocol revenue to ENA buybacks as specified milestones are reached. The key detail: Actual buybacks depend on protocol performance and milestone conditions. This does not guarantee an immediate price increase. The next thing to watch is whether Ethena generates enough revenue and growth to support meaningful buyback activity. Source: Ethena Governance Forum. Click the $ENA widget below and check the latest developments. $ENA {future}(ENAUSDT) . . . . #Ethena #Crypto #Write2Earn Not financial advice. DYOR.
ENA’s Buyback Mechanism Is Now Active — What Matters Next?

Ethena’s governance forum confirmed the ENA Fee Switch update on October 12. The approved mechanism links protocol revenue to ENA buybacks as specified milestones are reached.

The key detail: Actual buybacks depend on protocol performance and milestone conditions. This does not guarantee an immediate price increase.

The next thing to watch is whether Ethena generates enough revenue and growth to support meaningful buyback activity.

Source: Ethena Governance Forum.

Click the $ENA widget below and check the latest developments.

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#Ethena #Crypto #Write2Earn

Not financial advice. DYOR.
$ENA ENA: More Than Just a Crypto Token! Ethena is a DeFi protocol behind USDe, a synthetic dollar designed to stay near $1. ENA is its governance token. Trader Tip: Watch ENA’s trend, trading volume, and key support levels before making a move. ENA is volatile. Manage your risk and never trade on hype alone. Are you bullish or bearish on ENA? #ENA #Ethena #cryptoeducation #BinanceSquare
$ENA
ENA: More Than Just a Crypto Token!

Ethena is a DeFi protocol behind USDe, a synthetic dollar designed to stay near $1. ENA is its governance token.

Trader Tip: Watch ENA’s trend, trading volume, and key support levels before making a move.

ENA is volatile. Manage your risk and never trade on hype alone.

Are you bullish or bearish on ENA?

#ENA #Ethena #cryptoeducation #BinanceSquare
The ENA buyback switch is installed, but more than half the “fuel” is still missing—Cat Bro is keeping an eye on these numbers 🐱🔍 📊 On-chain data (Ethena dashboard, as of 10/12): 👉 USDe in circulation: about 4.77 billion; 14-day average: 4.87 billion 👉 First-tier ENA buyback threshold: the average USDe supply must reach ≥7.5 billion before 5% of fees starts being used for buybacks 👉 The average still needs to grow another 54%; below the threshold, buybacks = 0 👉 For comparison: USDe peaked at 14.8 billion in October 2025, then shrank by nearly 75% 📉 Market: $ENA is currently around $0.19, down 4.5% over 24h and 14.8% over 7 days, but still up 18% over 30 days; 24h range: $0.185–$0.200, trading volume: $217 million, market cap: about $2.55 billion. 🔍 Cat Bro’s take: Buybacks are a long-term story. In the short term, watch whether the USDe supply can start growing again. During the October 7 drop, about 210 million USDe flowed out. Without supply growth, the narrative is just a PowerPoint. Key levels: $0.19–$0.20 is the recent support zone; a break below $0.17 would look weak. On the upside, watch $0.21–$0.23 first. Do you think USDe can get back to 7.5 billion by year-end? Vote in the comments 👇 A. Yes B. Unlikely #ENA #Ethena #On-chainData $ENA $BTC Personal opinion only; not investment advice
The ENA buyback switch is installed, but more than half the “fuel” is still missing—Cat Bro is keeping an eye on these numbers 🐱🔍

📊 On-chain data (Ethena dashboard, as of 10/12):
👉 USDe in circulation: about 4.77 billion; 14-day average: 4.87 billion
👉 First-tier ENA buyback threshold: the average USDe supply must reach ≥7.5 billion before 5% of fees starts being used for buybacks
👉 The average still needs to grow another 54%; below the threshold, buybacks = 0
👉 For comparison: USDe peaked at 14.8 billion in October 2025, then shrank by nearly 75%

📉 Market: $ENA is currently around $0.19, down 4.5% over 24h and 14.8% over 7 days, but still up 18% over 30 days; 24h range: $0.185–$0.200, trading volume: $217 million, market cap: about $2.55 billion.

🔍 Cat Bro’s take:
Buybacks are a long-term story. In the short term, watch whether the USDe supply can start growing again. During the October 7 drop, about 210 million USDe flowed out. Without supply growth, the narrative is just a PowerPoint.
Key levels: $0.19–$0.20 is the recent support zone; a break below $0.17 would look weak. On the upside, watch $0.21–$0.23 first.

Do you think USDe can get back to 7.5 billion by year-end? Vote in the comments 👇
A. Yes B. Unlikely

#ENA #Ethena #On-chainData

$ENA $BTC

Personal opinion only; not investment advice
$ENA dumps 11.68% 📉 ENA/USDT is at 0.1853 after rejecting from 0.2145. The 1H chart is bearish, with price below the MA(7), MA(25) and MA(99) and heavy sell volume. Support: 0.1825 Resistance: 0.1891 / 0.1974 Still up 27.53% over 30 days, so this could be a pullback within a bigger move. A reclaim of 0.1891 would be the first sign of strength. #ENA #Ethena #DeFi #BİNANCE {future}(ENAUSDT)
$ENA dumps 11.68% 📉

ENA/USDT is at 0.1853 after rejecting from 0.2145. The 1H chart is bearish, with price below the MA(7), MA(25) and MA(99) and heavy sell volume.

Support: 0.1825
Resistance: 0.1891 / 0.1974

Still up 27.53% over 30 days, so this could be a pullback within a bigger move. A reclaim of 0.1891 would be the first sign of strength.

#ENA #Ethena #DeFi #BİNANCE
$ENA Update! 📉➡️📈 Was pumping +24% earlier, now in -12% healthy correction. Chart still showing bullish structure - Breakout retest in progress. Next target still 1.20 USDT if support holds. Are you LONG on ENA or waiting for deeper dip? 👀 #ENA #Ethena #BinanceSquare #ENAUSDT
$ENA Update! 📉➡️📈

Was pumping +24% earlier, now in -12% healthy correction.

Chart still showing bullish structure - Breakout retest in progress.

Next target still 1.20 USDT if support holds.

Are you LONG on ENA or waiting for deeper dip? 👀

#ENA #Ethena #BinanceSquare #ENAUSDT
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Bearish
🚨 $ENA — BEARS ARE BACK! WILL PRICE BREAK BELOW $0.1860? Trade Setup: SHORT Entry Zone: 0.1895 – 0.1930 TP1: 0.1860 TP2: 0.1821 TP3: 0.1780 SL: 0.1960 $ENA is down 3.22% and trading near $0.1895. Sellers remain in focus, and a break below $0.1860 could open the door to further downside. Another drop coming, or is a bullish reversal near? Share your view below! 👇 Trade Here On $ENA👇 #ENA #Ethena #CryptoTrading #Binance {future}(ENAUSDT)
🚨 $ENA — BEARS ARE BACK! WILL PRICE BREAK BELOW $0.1860?

Trade Setup: SHORT

Entry Zone: 0.1895 – 0.1930
TP1: 0.1860
TP2: 0.1821
TP3: 0.1780
SL: 0.1960

$ENA is down 3.22% and trading near $0.1895. Sellers remain in focus, and a break below $0.1860 could open the door to further downside.

Another drop coming, or is a bullish reversal near? Share your view below! 👇

Trade Here On $ENA 👇

#ENA #Ethena #CryptoTrading #Binance
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