MicroStrategy Effect? Can Ethena Price Rally $2 Run Mirror BTC?

CN
10 hours ago

Can Ethena Price Rally Prediction Repeat MicroStrategy’s BTC Strategy?

The crypto world is again watching $ ENA crypto news closely , but why? At this moment, the coin trades near $0.7382, showing a rise of 11.45% in one day. This breakout not only reflects StablecoinX partnership and fund raising, but there are also other major breakthroughs triggering Ethena price rally. So now let’s break down; If this is the repeat of MSTR's BTC strategy, or just a short-term hype move.

Why Is Ethena Price Rally Happening? 3 Major Triggers

The sudden jump in token’s price has a few strong reasons that are working together.

1. StablecoinX $530M Raise

Ethena StablecoinX Partnership Raise

One of the main drivers is the StablecoinX partnership . The company has raised $530 million to buy $ENA tokens. In total, they now control nearly $895M financing and plan to hold more than 3 billion tokens. Experts are comparing this move to MicroStrategy Bitcoin strategy , where steady buying created huge demand.

2. Buybacks $310M

The Foundation has announced a $310M buyback. Over the next 6–8 weeks, this will create more buying and reduce open selling. As per my analysis being a cryptocurrency expert, when supply becomes tight and demand stays strong, the coin naturally gains support.

3. Whale Accumulation

According to analyst Olaxbt , a whale purchased 27.9M $ENA worth $20.5M on Hyperliquid. Such whale entries often boost trust among small traders, giving more energy to the ongoing Ethena price rally .

$ENA Whale Accumulation

Technical Breakout Signals Supporting The Breakout

Right now, the token’s trading volume has also jumped 68.24% to $1.3 billion, while the total value standing at $5.1 billion  is moving close to $0.74–$0.75 resistance.

If this level breaks with strong volume, the next targets could be $0.85–$0.90. On the other side, strong support is seen near $0.68–$0.70. This means if it falls back, buyers may step in there.

Ethena price rally analysis

According to the TradingView Ethena price rally analysis chart:

  • MACD crossover is showing fresh momentum.

  • RSI above 50 signals rising strength.

Both indicators are suggesting that the ENA coin price technical analysis is lining up with the news.

How Much Will Ethena Coin Go Up Today? Forecast

  • Short-Term (1–2 Weeks): Buyback plan, whale activity, and technical signals can target $0.85–$0.90 with support at $0.70.

  • Mid-Term (1–3 Months): The next $ ENA Token prediction says the price could hold above $1.00 and move toward $1.10–$1.25.

  • Long-Term (6–12 Months): If the market stays positive, and institutional financing of $895M and supply control happens, the Ethena price prediction may test $2.00–$2.50.

Conclusion: Is $ENA the Next MicroStrategy Play?

The big discussion is whether this Ethena price rally is repeating the same story we saw with Bitcoin during Microstrategy’s massive accumulation phase.

With $895M raised and strict controls on token sales, the buyback and StablecoinX partnership are building a perfect setup that looks like a smaller version of btc’s supply shock. But the only difference is the firm is still in its growth cycle.

So, whether $ENA token prediction leads to a sustained run above $1.00, or just another short-term pump; only time will tell. But investors are watching closely, as the coin has captured the market’s attention again.

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