Ethena’s TVL and Market Cap Surge: Is It the Next Big Thing?

The post Ethena’s TVL and Market Cap Surge: Is It the Next Big Thing? appeared first on Coinpedia Fintech News

After a slow month, Ethena’s TVL is going parabolic. It is currently at $2.75B, marking a nearly 20% increase in the last two weeks. Ethena’s market cap stands at $1.4B, with its price per ENA at $0.919, surging 26% in the past seven days.

This explosive growth signals strong investor confidence and highlights Ethena’s potential to be the next big player in the DeFi space.