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FxWirePro- Token Unlock tomorrow (Ethena)

Ethena (ENA)

Unlock date: January 8

Number of tokens unlocked: 12.86 million ENA

Current circulating supply: 3.03 billion ENA

Ethena (ENA) is set to unlock 12.86 million ENA tokens on January 8, 2025, at 7:00 AM UTC. This unlocking event will represent approximately 0.42% of the current circulating supply of 3.03 billion ENA tokens. The total value of these unlocked tokens is estimated at around $16.21 million, which is earmarked for ecosystem development

 

Ethena operates as a synthetic currency protocol on Ethereum, providing users with a USD-pegged savings instrument known as "Internet Bonds." The ENA token serves as the native token for governance and participation in the network.

 

Round % of Allocation

Ecosystem development -0.42% (12.86m ENA tokens)


ENAUSD major resistance and support

Major resistance- $2
Major support - $0.80

 

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