{"id":66247,"date":"2025-05-14T10:15:08","date_gmt":"2025-05-14T10:15:08","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=66247"},"modified":"2025-05-14T10:15:08","modified_gmt":"2025-05-14T10:15:08","slug":"ethena-crypto-pumps-16-5-in-post-unlock-recovery-can-ena-crypto-break-1-this-may","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=66247","title":{"rendered":"Ethena Crypto Pumps +16.5% In Post-Unlock Recovery: Can ENA Crypto Break $1 This May?"},"content":{"rendered":"

Ethena crypto ($ENA) just ripped past the $2 mark, notching a 200% climb since bottoming out<\/a> at $0.67 in April. The last 24 hours alone brought a 15% surge.<\/p>\n

Traders are watching closely now: with $2.45 resistance coming up fast, it\u2019s either a breakout or a backslide.<\/p>\n

This comes after Ethena unlocked<\/a> 171.88 million ENA tokens on May 5, worth $53 million. That\u2019s 3.1% of the circulating supply suddenly in play.<\/p>\n

Ethena 2025 Roadmap: https:\/\/t.co\/f0A7J7oo3X<\/a><\/p>\n

\u2014 Ethena Labs (@ethena_labs) January 30, 2025<\/a><\/p>\n\n

Ethena Crypto Technical Indicators Signal Optimism<\/h2>\n

After months locked in a descending trendline, ENA cracked resistance at $0.45, then punched up to $0.46 before cooling off. Technicals are on the bulls\u2019 side: RSI\u2019s holding above 50, and MACD just crossed into the positive.<\/p>\n

The real test is whether $0.45 holds firm as a launchpad or folds under pressure.<\/p>\n

(CoinGecko<\/a>)<\/p>\n

At the core of Ethena\u2019s system is USDe, a dollar-pegged stablecoin designed to operate without banks. ENA, the governance token, gives holders a direct say in how the protocol runs, from upgrades to policy decisions.<\/p>\n

Ethena\u2019s partnership with Hyperliquid has added more intrigue to the project<\/a>, allowing users to bridge USDe to Hyperliquid\u2019s HyperEVM. This strategic move, announced on May 5, has sparked a 36% price increase over the past week as it opens new token utility and ecosystem expansion opportunities.<\/p>\n

Resistance Looms, But the Long-Term Trend is Bullish<\/h2>\n
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