Ethereum-driven stability: Hayes bet on the hybrid future of Ethereum
Source: CoinWorld
Time: 2025-09-11 19:17:40
Former BitMEX CEO Arthur Hayes publicly supports Ethena (ENA), a token pegged to ETH-backed stablecoin USDe, noting that Ethena has innovative DeFi integration and transparent rebalancing mechanisms. ENA trades between $0.85 and $1.15, with the number of independent wallets growing by 20% recently, although analysts point out that the DeFi market is volatile and the market conditions are uneven. Hayes’ support has boosted interest among retail investors.