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- Unlock date: January 29
- Number of tokens unlocked: 12.86 million ENA
- Current circulating supply: 3.03 billion ENA
Ethena will airdrop 12.86 million ENA tokens worth about $11 million on January 29, 2025. Ethena is interested in building the ecosystem and keeping the project running. The current circulating supply of ENA is 3.03 billion. Ethena is a blockchain based on Ethereum and provides a decentralized banking alternative. These tokens can be used in transactions and will give holders a share in the important decision-making processes going on to the protocol. The release will have a key effect on the potential market price and the general usage of ENA in the whole cryptocurrency world.
The unlocked tokens will be allocated as follows:
Ecosystem development: 12.86 million tokens (0.44%)
ENAUSD's major resistance and support
Major resistance- $1.50
Major support - $1
