Ethena (ENA) is expected to rise 50% as whale activity, trading volume and users surge

The number of active addresses, trading volume and whale increase in ENA tokens all increased, showing bullish signals. Despite a 0.67% drop in the day, the transaction price is still at $0.7722. Analysts highlight Ethena’s thriving ecosystem and is backed by its $13.2 billion synthetic stablecoin USDe. Key resistance is at $1.20, which means a 54% gain, with some forecasts targeting at $7 in the altcoin peak momentum. The Fed's resolution could impact short-term performance.