The post Ethena Price Prediction 2024 – 2030: Will ENA Price Cross $1? appeared first on Coinpedia Fintech News
With high anticipation of a bull run in 2024, altcoins are preparing for a bull run season. Amidst the plethora of altcoins, the newly launched token of Ethena Labs, ENA price predictions project a high likelihood of an uptrend.
Following the early gains during the listing phase, the ENA price trend is now under a pullback. While this brings an opportunity to buy at lower levels, the recent volatility in the market makes investors cautious.
Will the ENA token price manage to refuel the bullish recovery or take a dip below the crucial support of $0.86? So, what does Ethena’s future hold? Are you intrigued by the underlying shift in ENA tokens?
Let’s explore the anticipated ENA price predictions for 2024 to 2025.
Table of contents
Overview
| Cryptocurrency | Ethena |
| Token | ENA |
| Price | $ 0.39412555  17.23% |
| Market cap | $ 1,082,613,609.8073 |
| Circulating Supply | 2,746,875,000.00 |
| Trading Volume | $ 240,716,932.2739 |
| All-time high | $1.52 (11th April, 2024) |
| All-time low | $0.1953 (07th September, 2024) |
| 24 High | Coming soon |
| 24 Low | Coming Soon |
Ethena Coin Price Action October 2024
The ENA crypto has recorded a jump of ~18% in the past 24 hours with a trading volume of $220.78 million. Moreover, it has added 33.31% over the past week and 76.77% during the past 30 days. With a market cap of $1.087 billion, it has secured the 67th position.
If the market continues gaining momentum, the ENA crypto price could head toward its resistance level of $0.5997 this month. On the flip side, a bearish reversal could pull the price toward its crucial low of $0.2249.
| Month | Potential Low | Potential Average | Potential High |
| October | $0.2249 | $0.4123 | $0.5997 |
ENA Token Price Prediction 2024
With the increasing possibility of a bull run in 2024, Ethena labs token, ENA price shows immense upside potential. Further, with a high-value use case backing the altcoin, it could become a choice for institutional investors.
Moreover, with a broader market recovery, the ENA price could end 2024 in an extremely bullish tone. If the uptrend manages to surpass the $0.50 mark, it could end the year at $0.64. On the downside, a breakdown under $0.25 could drop it to $0.20.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $0.20 | $0.42 | $0.64 |
Ethena Price Prediction 2025
As the year after Bitcoin Halving is known for extending the bull run, the ENA token could find a bullish surge. Siphoning the broader market momentum, the ENA price could surpass the psychological mark of $0.75 to hit $0.83.
On the other hand, if Ethena takes a minor dip in 2025, the price of ENA can plunge to $0.26.
| Year | Potential Low | Potential Average | Potential High |
| 2025 | $0.26 | $0.54 | $0.83 |
Also, read our Maker Dao Price Prediction
ENA Coin Price Targest 2026 – 2030
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2026 | 0.33 | 0.70 | 1.08 |
| 2027 | 0.43 | 0.91 | 1.40 |
| 2028 | 0.57 | 1.19 | 1.82 |
| 2029 | 0.74 | 1.55 | 2.37 |
| 2030 | 0.96 | 2.02 | 3.08 |
ENA Price Projection 2026
By 2026, the Ethena price could range between $0.33 to $1.08, whereas the average trading price could land at around $0.70.
Ethena Token Price Forecast 2027
Looking forward to 2027, the ENA coin price could fluctuate between $0.43 to $1.40, and the average trading price could land at around $0.91.
Ethena (ENA) Price Prediction 2028
During 2028, the Ethena crypto price might lie within the range of $0.57 to $1.82, with an average price of $1.19.
Ethena Price Action 2029
By 2029, the ENA crypto price could vary from $0.74 to $2.37. With this, the average price could settle around $1.55.
ENA Price Prediction 2030
The Ethena price prediction for 2030 might fluctuate between $0.96 to $3.08, with the average price landing at around $2.02.
Market Analysis
| Firm Name | 2024 | 2025 | 2030 |
| Wallet Investor | $0.0243 | $0.0101 | – |
| priceprediction.net | $0.355 | $0.536 | $3.79 |
| DigitalCoinPrice | $0.66 | $0.81 | $2.24 |
CoinPedia’s ENA Price Prediction
As per Coinpedia’s Ethena Price Prediction, the increasing adoption of the Ethena Labs token could surge the ENA price in the coming years. As the first year of existence, 2024 could be bullish for ENA.
AS per Coinpedia’s Ethena (ENA) price prediction, the ENA token price could potentially drive the price higher to $0.64 in 2024 if the market faces a bullish boost.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $0.20 | $0.42 | $0.64 |
Historic Market Sentiments
Also Read: Ethereum Price Prediction 2024, 2025: Will ETH Price Hit $5,000 In 2024?
FAQs
Ethena is a synthetic dollar and internet-native yield platform built on Ethereum. At the core of Ethena’s ethos lies USDe, a synthetic dollar designed to promote stability and scalability within the DeFi ecosystem.
Yes, Ethena might definitely be a good investment, if you are looking to invest for the long term.
Ethena is poised for growth in the coming years and could surpass $10 during the next 15 years.
The price of ENA could possibly claim the $0.64 mark in 2024.
At the time of writing, the price of 1 ENA crypto was $0.3942.
