Ethena, a relatively new player in the cryptocurrency market, has taken the industry by storm with its native token, ENA, experiencing a meteoric rise in value. In a matter of days, ENA has surged to new heights, reaching an all-time high of $1.40 and attaining a staggering $2 billion market cap.
TLDR
One of the key drivers behind ENA’s price rally is Ethena Labs’ strategic move to enhance its rewards program.
