The cryptomarkt continues with its resilience, and holds the recovery, which started earlier halfway through the week. With large assets such as BTC and ETH ownership above $ 80,000 and $ 1,900 respectively, various Altcoins attract attention with their market activity. Today, according to the Satoshi Club Ethena’s TVL, data reached a new AHT of $ 6.33 billion.
.@Ethena_Labs’s TVL has risen by 10% last week and reaches a new of all time.
It is now the 4th largest Defi protocol and has more TVL than any blockchain except Ethereum and Solana. pic.twitter.com/WV2gheyhtg
– Satoshi Club (@esatoshiclub) March 21, 2025
Ethena climbs to $ 6.33 billion AHT
Nowadays Ethena Labs, a Stablecoin protocol and the RWA platform, reached a new AHT of $ 6.33 billion, after having seen an increase of 10% in the past week. Reaching this historic peak of $ 10 billion TVL makes Ethena the 4one Largest Defi protocol and now has more TVL than any other blockchain except Ethereum and Solana. This substantial milestone shows the increasing interest in the Ethena protocol and its investments in the Defi market.
The most important contributors to this total growth of TVL are the assets of Ethena, including Usde and USTB, which emphasizes the growing influence and acceptance of the network on the market. These performance indicate the wider trend in the Defi Ecosystem, where projects such as Ethena continue to attract the mass intake of funds. The increase in TVL not only indicates the growing trust of investors on the Ethena platform, but also shows a strong demand for his related Defi services and products.
ENA -price updates
However, the effect of TVL climbing on a new high is still not seen in the native tokens activity of Ethena. Ena is still in a correction trend, which started a month ago. The price has fallen by 12.6% and 0.1% in the past month and seven days ago respectively. However, indicators on the chain show that it is actively regaining its bullish movement and shows signs of rebound. The change in market dynamics is supported by demand and an increase in the positive market sentiment, which gives investors the confidence that ENA could increase in the coming weeks.
After recently struggling with sales pressure, Ethena succeeded in maintaining $ 0.2045 above the crucial level of support. This stability is a bullish indicator, which suggests that it is actively preparing to break out of the current downward trend. The recovery of ENA suggests that it is active the potential to break the most important $ 0.5 resistance zone. The continuous recovery activity and accumulation by holders in the long term are positive signs that suggest that it is actively getting ready to overcome the downward trend in the coming weeks.
