[Standard Chartered Bank Research Report Initiates Coverage on ENA, Predicts It Could Rise to $2 by the End of 2028] BlockBeats News, September 30, Standard Chartered Bank has initiated coverage on the Ethena token ENA for the first time, predicting that its value could appreciate to $2 by the end of 2028. The report from Standard Chartered Bank highlights that Ethena is positioned at the intersection of perpetual contracts, tokenization, and stablecoins. ENA is expected to benefit from growth in these areas as well as a newly launched buyback program. The report also states that Ethena is currently the fourth-largest stablecoin issuer after Tether, Circle, and Sky, and the second-largest interest-bearing stablecoin issuer after Sky. Its USDe is the fastest stablecoin to reach a market capitalization of $10 billion. [Original Link]