- Ena has won more than 16% in the last 24 hours.
- The total value of Ethena is locked at the top $ 8b after a monthly increase of 50%.
- Bullish sentiments around the project feed the benefit.
While cryptocurrencies remained relatively calm after the FED had maintained interest rates, Ethena registered impressive peaks for the past 24 hours.
Ena climbed from $ 0.5444 to $ 0.6332 Intraday high on the daily graph.
The increase of 16.31% has attracted attention, especially because the broad market has ararieh sentiments.
The Bullish prospects coincided with revelations that Ethena’s TVL (total value locked) has risen by 50% in recent months to exceed the milestone of $ 8 billion.
The metric has grown steadily since the lows of this month from $ 5,461 billion to $ 8,443 billion today, July 31.
For context, that is greater than the total value that is locked from some established Defi projects, including BSC ($ 7,318b), Tron ($ 5.99b) and base ($ 4.32 billion).
This reflects enormous growth for the synthetic dollar protocol, possibly stimulated by the recent regulatory transformations in the US.
What the TVL of $ 8 billion means
Exciting the $ 8 billion marks an important milestone.
Ethena’s TVL now arranges it under Defi giants.
In the meantime, the figure shows a considerable amount of capital in the ENA ECO system in the past 30 days.
This underlines the trust of whales, settings and users in the long -term value of the protocol.
Stable growth also reflects the stickiness of ENA’s ecosystem.
Users do not only experiment with products. They stay and deposit.
With more funds that flow into the Ethena ecosystem, the project will become stronger.
That is generally a bullish sign for holders and traders.
Indigenous tokens often experience considerable profit when the growth of the networks exceeds the market average.
What produced growth
Ethena has cut a unique niche because of the advanced approach to making synthetic dollars and strategies.
Stablecoin Regulatory Clarity After the United States signed the genius proposal in the law, Usde’s (the synthetic dollar) encouraged attraction, which was fueled the growth of the protocol.
Usde has witnessed raised acceptance in the Defi sector and attract platforms that are looking for stablecoin stability in the volatile markets.
Moreover, Ethena has attracted considerable investments from market leaders such as Arthur Hayes.
Strategic collaborations, including Ton and Ankerplaats, expanded the usefulness and reach of ENA.
The Ton Alliance brings Usde to the huge user base of telegram of about a billion, while Anchorage Digital supports the USDTB Stablecoin launch in the US.
In addition, Stablecoinx has picked up $ 360 million to invest in ENA, which is a reflection of the conviction in the future of Ethena.
Stablecoinx Inc. @Stablecoin_x has announced a capital increase of $ 360 million to buy $ Ena And will try to mention his class A -ordinary shares on the Nasdaq Global Market under the Ticker symbol “Usde”, including a contribution of $ 60 million from Ena from the Ethena Foundation … pic.twitter.com/sgfd8p9m05
– Ethena Labs (@ethena_labs) July 21, 2025
In decentralized financing, fast TVL increases often indicate rising user optimism, massive deposits and reinforced activity on the chain.
Ena Price Outlook
The token of Ethena floats with a bullish bias for $ 0.6310.
The 24-hour trade volume has risen by a remarkable 270% to $ 1.27 billion, suggesting that an intensified user activity.
Ena has won more than 130% in the last 30 days and seems ready for further profits in the midst of ecosystem stability.
In the meantime, improved sentiments on the growth of the project De Digital Munt kept up for the past 24 hours.
While the current broad market front views indicates short-term profits, positions of Ethena’s robust TVL positions Ena for stable performance in the coming weeks and months.
