隨著庫存和質押激勵的飆升，ENA 飆升超過 100%

ENA 是 DeFi 協議 Ethena Labs 的原生代幣，自上週空投以來價值飆升，價格上漲了一倍多，達到 1.34 美元。這種升值歸因於機構投資者的積極增持，抵消了近期外匯存款的拋售壓力。隨著 Ethena Labs 宣布“第二季”，為 ENA 質押提供更高的獎勵，投資者紛紛從交易所撤回代幣參與其中，從而推動了價格飆升。投機興趣也在上升，ENA 期貨的未平倉合約達到 3.72 億美元，顯示交易者看漲前景。

ENA Surges by Over 100% Amid Aggressive Stockpiling and Staking Incentives

在積極的庫存和質押激勵下，ENA 飆升超過 100%

The native token of decentralized finance (DeFi) protocol Ethena Labs, ENA, has emerged as a notable player in the cryptocurrency market, captivating attention with its remarkable price appreciation.

去中心化金融（DeFi）協議 Ethena Labs 的原生代幣 ENA 已成為加密貨幣市場的知名參與者，以其顯著的價格升值吸引了人們的注意。

Since its airdrop last week, ENA has more than doubled in value, reaching $1.34 at the time of writing. The token's surge has been attributed to a combination of factors, including aggressive stockpiling and the announcement of enhanced staking rewards.

自上週空投以來，ENA 的價值增加了一倍多，在撰寫本文時達到 1.34 美元。該代幣的飆升歸因於多種因素，包括積極囤積和宣布提高質押獎勵。

According to data from Web3 knowledge graph protocol OxScope, institutional investors have been actively accumulating ENA tokens since its launch, offsetting potential selling pressure. The accumulation pace has remained elevated, suggesting a long-term bullish outlook for the token.

根據Web3知識圖譜協議OxScope的數據，機構投資者自推出以來一直在積極增持ENA代幣，抵消了潛在的拋售壓力。累積速度仍然較高，顯示該代幣的長期看漲前景。

Notably, withdrawals of ENA tokens have experienced a dramatic increase in recent days, particularly over the past two days. This surge is likely driven by investors seeking to capitalize on higher returns offered by Ethena Labs' "Season 2" program.

值得注意的是，最近幾天，尤其是過去兩天，ENA 代幣的提現量急劇增加。這一激增可能是由尋求利用 Ethena Labs 的「第二季」計劃提供的更高回報的投資者推動的。

Under the program, users who stake a minimum of 50% of their ENA relative to their synthetic dollar (USDe) holdings will receive a 50% boost on total rewards earned through USDe positions. This incentive has spurred investors to remove their ENA tokens from exchanges and supply them for staking.

根據該計劃，相對於其持有的合成美元 (USDe) 持有至少 50% ENA 的用戶，透過 USDe 頭寸獲得的總獎勵將獲得 50% 的提升。這種激勵措施促使投資者將他們的 ENA 代幣從交易所中撤出並用於質押。

Speculation has also played a role in ENA's price surge. According to AMBCrypto's analysis of Coinglass data, the Open Interest (OI) in ENA Futures has climbed to $372 million, indicating a large number of bets on its future price action.

投機也在 ENA 價格飆升中發揮了作用。根據 AMBCrypto 對 Coinglass 數據的分析，ENA 期貨的未平倉合約 (OI) 已攀升至 3.72 億美元，顯示大量押注其未來價格走勢。

More than half of these positions are reportedly long, suggesting traders' confidence in the token's upward trajectory. However, the social frenzy surrounding ENA has waned recently, with discussions on major crypto-focused social groups diminishing.

據報道，其中一半以上是多頭頭寸，這表明交易者對該代幣的上漲軌跡充滿信心。然而，圍繞 ENA 的社會狂熱最近有所減弱，對主要以加密貨幣為中心的社會群體的討論逐漸減少。

This could potentially impact the participation of retail investors, who are known to be influenced by social hype in the cryptocurrency market. Nevertheless, ENA's strong fundamentals, including its increasing adoption and utility within the Ethena Labs ecosystem, continue to provide support for its long-term growth prospects.

這可能會影響散戶投資者的參與，眾所周知，散戶投資者受到加密貨幣市場社會炒作的影響。儘管如此，ENA 強勁的基本面，包括其在 Ethena Labs 生態系統中不斷增加的採用率和實用性，繼續為其長期成長前景提供支援。

As of this writing, ENA remains a promising cryptocurrency with a solid foundation and a growing community. Its recent price surge and the positive market sentiment surrounding it position it as a token with significant potential for further appreciation in the future.

截至撰寫本文時，ENA 仍然是一種有前途的加密貨幣，擁有堅實的基礎和不斷發展的社區。其最近的價格飆升以及圍繞其的積極市場情緒使其成為未來具有進一步升值潛力的代幣。