Ethena（ENA）的收益率高21.46％，針對0.35美元

在過去的一周中，Ethena在過去一周中的增長幅度急劇21.46％，由於新的市場樂觀和強勁的鏈上動力，上升到0.3327美元。

Ethena (ENA) has shot up sharply over the past week, gaining 21.46% to reach $0.3327. The token is now attempting to rise above the psychologically significant $0.35 level.

在過去一周中，埃塞納（Ethena）（ENA）急劇上升，獲得了21.46％的股份，達到0.3327美元。該令牌現在正試圖超越心理意義上的0.35美元。

On the daily chart, Ethena’s price broke out above the 21-day exponential moving average (EMA) on Monday, opening the door for further gains in the short term. A move above the 200-day SMA at $0.5892 could propel ENA towards the $0.5 level.

在每日圖表上，埃塞納（Ethena）的價格在周一的21天指數移動平均值（EMA）上方爆發，在短期內為進一步的增長打開了大門。超過200天SMA的搬遷，價格為0.5892美元，可以將ENA推向0.5美元。

Image: Ethena (ENA) price chart by Tradingview

圖片：Ethena（ENA）價格圖表

Ethena's price has rebounded strongly in recent weeks, suggesting a change in trend. This is also evident in the relative strength index (RSI) and Stochastic, which are both showing signs of overbought territory.

最近幾週，埃塞納（Ethena）的價格反彈強勁，表明趨勢發生了變化。這在相對強度指數（RSI）和隨機性方面也很明顯，這兩者都顯示出過多的領土的跡象。

Moreover, ENA’s MACD has flipped positive, indicating that momentum is building after a prolonged downtrend since February.

此外，ENA的MACD已經呈陽性，表明自2月以來一直下降趨勢後，動力正在建立。

Ethena's TVL Surpasses Market Cap

Ethena的TVL超過了市值

In other news, Ethena's total value locked (TVL) has surged past $4.82 billion, which rivals the project's own market cap in a testament to the deep liquidity and user activity within the ecosystem.

在其他新聞中，Ethena的總價值鎖定（TVL）飆升了48.2億美元，這與該項目自己的市值相媲美，這證明了生態系統內的深厚流動性和用戶活動。

Considering a circulating supply of 5.55 billion ENA and a total supply cap of 15 billion, investor interest is clearly high. The current market cap/TVL ratio of 0.38 suggests that the project is undervalued relative to the liquidity it controls, especially since the decentralized stablecoin USDe underpins this ecosystem.

考慮到55.5億ENA的循環供應和150億的總供應上限，投資者的利息顯然很高。當前的市場上限/TVL比率為0.38，表明該項目相對於它控制的流動性被低估了，尤其是因為分散的Stablecoin USDE基於該生態系統的基礎。

"This deep liquidity pocket provides excellent conditions for leveraged yield strategies, which are being actively deployed by DeFi users to amplify returns on their ENA and USDe holdings. These activities are directly impacting price trends and contribute to the ongoing bullish momentum in the Ethena ecosystem," the report noted.

報告指出：“這種深厚的流動性為槓桿收益策略提供了良好的條件，Defi用戶正在積極部署這些策略，以擴大其ENA和USDE Holdings的回報。這些活動直接影響了價格趨勢，並為Ethena Ecosystem中持續的看漲勢頭做出了貢獻。”

A large portion, roughly 43.7%, of the $4.82 billion USDe supply is currently staked, with over $2.1 billion flowing into sUSDe, Ethena's staked stablecoin counterpart.

目前，48.2億美元的USDE供應中，大部分地區大約有43.7％，其中21億美元超過21億美元流入Ethena的Stake Bateked Stablecoin對應物Susde。

This high-stakes rate reflects confidence in the protocol's yield mechanisms and supports the synthetic dollar peg. Meanwhile, centralized exchanges hold 13.12% of the total USDe supply.

這種高風險速率反映了對協議的產量機制的信心，並支持合成美元釘。同時，集中式交易所占美國農業部總供應總額的13.12％。

This equates to $632.6 million in liquidity spread across platforms like Bybit, Bitget, and MEXC. The steady inflow and outflow patterns across CEXs indicate active arbitrage and healthy capital cycling between DeFi and centralized venues.

這相當於在Bybit，Bitget和Mexc等平台上傳播的6.326億美元的流動性。跨CEX的穩定流入和流出模式表明，在Defi和集中場所之間的主動套利和健康的資本循環。

One of the most significant catalysts for the Ethena price rally is the upcoming launch of Converge, a real-world asset-focused Layer 1 blockchain being built by Ethena in partnership with Securitize.

Ethena Price Rally的最重要的催化劑之一是即將推出Converge，這是Ethena與Securitize合作建立的以現實世界為重點的1層區塊鏈。

The project is designed to bridge traditional finance and DeFi using Arbitrum's modular stack, Celestia's data availability layer, and ENA staking for security via the Converge Validator Network (CVN). Transactions on Converge will be powered by Ethena's own stablecoins, USDe and USDtb, which will also serve as gas tokens.

該項目旨在使用inotum的模塊化堆棧，塞萊斯蒂亞的數據可用性層以及通過收斂驗證器網絡（CVN）進行安全性的ENA Staking橋接傳統金融和Defi。匯聚的交易將由Ethena自己​​的Stablecoins，USDE和USDTB提供動力，該公司也將用作天然氣令牌。

With BlackRock's $2.3B BUIDL fund backing USDtb, institutional exposure is no longer a hypothetical. The CVN introduces discretionary circuit breakers and governance features, adding a layer of risk management uncommon in DeFi-native protocols.output: Ethena (ENA) price has shot up sharply over the past week, gaining 21.46% to reach $0.3327. The token is now attempting to rise above the psychologically significant $0.35 level.

憑藉BlackRock的$ 2.3B Buidl基金支持USDTB，機構曝光不再是假設的。 CVN引入了可酌情的斷路器和治理特徵，在Fefi-Native協議中增加了一層風險管理。出口：Ethena（Ena）價格在過去一周中急劇上漲，獲得了21.46％的價格，達到0.3327美元。該令牌現在正試圖超越心理意義上的0.35美元。

On the daily chart, Ethena's price broke out above the 21-day exponential moving average (EMA) on Monday, opening the door for further gains in the short term. A move above the 200-day SMA at $0.5892 could propel ENA towards the $0.5 level.

在每日圖表上，埃塞納（Ethena）的價格在周一的21天指數移動平均值（EMA）上方爆發，在短期內為進一步的增長打開了大門。超過200天SMA的搬遷，價格為0.5892美元，可以將ENA推向0.5美元。

[image: Ethena (ENA) price chart by Tradingview]

[圖片：Ethena（Ena）價格圖表，tradingView]

Ethena's price has rebounded strongly in recent weeks, suggesting a change in trend. This is also evident in the relative strength index (RSI) and Stochastic, which are both showing signs of overbought territory.

最近幾週，埃塞納（Ethena）的價格反彈強勁，表明趨勢發生了變化。這在相對強度指數（RSI）和隨機性方面也很明顯，這兩者都顯示出過多的領土的跡象。

Moreover, ENA's MACD has flipped positive, indicating that momentum is building after a prolonged downtrend since February.

此外，ENA的MACD已經呈陽性，表明自2月以來一直下降趨勢後，動力正在建立。

Ethena's TVL surpasses market cap

Ethena的TVL超過了市值

In other news, Ethena's total value locked (TVL) has surged past $4.82 billion, which rivals the project's own market cap in a testament to the deep liquidity and user activity within the ecosystem.

在其他新聞中，Ethena的總價值鎖定（TVL）飆升了48.2億美元，這與該項目自己的市值相媲美，這證明了生態系統內的深厚流動性和用戶活動。

Considering a circulating supply of 5.55 billion ENA and a total supply cap of 15 billion, investor interest is clearly high. The current market cap/

考慮到55.5億ENA的循環供應和150億的總供應上限，投資者的利息顯然很高。當前的市場上限/