Just now, ENA's market cap has surpassed AAVE, leaving behind DeFi blue chips like Sky and Morpho. Ethena DAT's StablecoinX has already hit $17, which is a 3x increase compared to two weeks ago. Meanwhile, USDe's TVL has grown by $100M in just one week. It's worth noting that in August, the Ethena Foundation reached an agreement with major investors to unlock VC shares early in early October. The upside is that there won't be continuous sell pressure in the future, but short-term pressure will increase. Of course, it's also possible that the foundation might buy back these tokens OTC, as they already did once before, acquiring over 0.25% of ENA's total supply.