Ethena token rallies over 12% following StablecoinX's $530 million capital raise

Ethena's ENA ENA - $0.734798527156256 token leaped over 12% on Saturday following news that StablecoinX Inc. secured an additional $530 million capital raise. The move is part of StablecoinX's ongoing accumulation strategy for ENA ENA - $0.734798527156256 significantly increasing its token holdings in the Ethena ecosystem.

Source: cryptoslate.com

Related symbols: ENAUSD

2025-09-06 11:54:01 GMT.

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Price & Market Data

Price: $0.734798527156256

Volume 24h: $465,799,277.02

Market Cap: $5,062,072,978.49

Description

Ethena (ENA) is a cryptocurrency and operates on the Ethereum platform. Ethena has a current supply of 15,000,000,000 with 1,425,000,000 in circulation. The last known price of Ethena is 0.55510724 USD and is down -19.27 over the last 24 hours. It is currently trading on 1 active market(s) with $3,477,312.46 traded over the last 24 hours. More information can be found at https://www.ethena.fi/.