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Ethena's ENA Rallies to 7-Month High on Binance Listing Fueling $500M Buyback Hopes
Yahoo Financeยท 2025-09-09 09:49
Governance token of decentralized finance protocol Ethena (ENA) surged on Tuesday to its strongest since late January as the protocol has made a big step towards activate a fee switch that would share protocol revenues to token holders. The token hit 87 cents in the early hours, advancing 8.3% over the past 24 hours, CoinDesk data shows. It's up over 20% in a week. The latest surge occurred as Binance, the largest crypto exchange by volume, said on early Tuesday it will introduce trading with USDe, Ethen ...