{"id":58728,"date":"2025-09-02T13:00:16","date_gmt":"2025-09-02T13:00:16","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethena-price-forecast-amid-a-94-million-ena-token-unlock\/"},"modified":"2025-09-02T13:00:16","modified_gmt":"2025-09-02T13:00:16","slug":"ethena-price-forecast-amid-a-94-million-ena-token-unlock","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethena-price-forecast-amid-a-94-million-ena-token-unlock\/","title":{"rendered":"Ethena price forecast amid a 94 million ENA token unlock"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/ethena-token-unlock-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/ethena-token-unlock-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/ethena-token-unlock-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/ethena-token-unlock-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Ethena\u2019s token ENA is up nearly double digits in 24 hours as bulls eye a breakout above $0.80.<\/li>\n<li>The token expects a major unlock event of 94 million ENA.<\/li>\n<li>Analysts say price could break out amid key fundamental strengths for Ethena.<\/li>\n<\/ul>\n<p>Ethena (ENA) price is up nearly 10% in the past 24 hours, despite the USDe stablecoin platform facing a huge token unlock.<\/p>\n<p>The price of Ethena at $0.69 signals a potential breakout if buyers drive sentiment post the over 94 million ENA token unlock event.<\/p>\n<p>Meanwhile, trading volume has surged 53% to over $574 million and market cap to $4.6 billion, putting Ethena among the top gainers on the day.<\/p>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bch-crosses-550-outperforms-other-major-cryptos-check-forecast\/\">Bitcoin Cash<\/a>, <a href=\"https:\/\/coinjournal.net\/news\/tornado-cash-price-forecast-torn-retests-key-level-as-bulls-eye-20\/\">Tornado Cash<\/a> and <a href=\"https:\/\/coinjournal.net\/news\/sky-protocol-buyback-program-starts-paying-off-as-sky-token-jumps-12\/\">Sky<\/a> are among the outperformers in the past 24 hours.<\/p>\n<h2>Ethena price ticks up ahead of token unlock<\/h2>\n<p>As noted, Ethena is preparing for a significant token unlock, with 94.2 million ENA tokens set to be unlocked on Sept. 2.<\/p>\n<p>Per current price, the total value of the tokens coming into circulation stands at around $63.1 million, scheduled for 15:00 UTC+8.<\/p>\n<p>According to on-chain details shared by SoSoValue in a post on X, the huge ENA unlock will account for 0.63% of the total supply.<\/p>\n<p>Notably, the coins will be distributed between the ecosystem fund and foundation, with 53.55 million ENA going to the fund and 40.64 million ENA to the foundation.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">On-Chain Alert: A significant Ethena ($ENA) unlock of 94.19M tokens (~$63.11M) is scheduled for today at 15:00 (UTC+8). <\/p>\n<p>The unlock is split between two key sources: <br \/>\u2022 Ecosystem Fund: 53.55M <a href=\"https:\/\/twitter.com\/search?q=%24ENA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ENA<\/a> <br \/>\u2022 Foundation: 40.64M <a href=\"https:\/\/twitter.com\/search?q=%24ENA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ENA<\/a><\/p>\n<p>Unlocks from different sources can have varying\u2026 <a href=\"https:\/\/t.co\/BWeXB5dCiZ\">pic.twitter.com\/BWeXB5dCiZ<\/a><\/p>\n<p>\u2014 SoSoValue (@SoSoValueCrypto) <a href=\"https:\/\/twitter.com\/SoSoValueCrypto\/status\/1962772461784531139?ref_src=twsrc%5Etfw\">September 2, 2025<\/a><\/p>\n<\/blockquote>\n<p>In the crypto market, token unlocks are critical events and often affect market liquidity and price stability.<\/p>\n<p>Ethena\u2019s price will likely swing amid the token release, with trader sentiment key to short-term price movement.<\/p>\n<p>However, this unlock comes amid substantial milestones for the Ethena network, including the success of its synthetic dollar USDe.<\/p>\n<p>The past month has seen USDe cross the $12 billion market cap, and Ethena surpassed $500 million in cumulative gross interest revenue. Ethena also saw over $30 million USDe of rewards distributed.<\/p>\n<p>Strong fundamentals and broader market sentiment may thus help ENA price even as 94 million tokens come into circulation.<\/p>\n<h2>Ethena price forecast<\/h2>\n<p>The ENA token reached highs of $0.85 in August after a significant uptick from lows of $0.51 earlier in the month.<\/p>\n<p>However, profit taking tanked prices to around $0.62 before a bullish bounce faded around $0.75.<\/p>\n<figure id=\"attachment_333527\" aria-describedby=\"caption-attachment-333527\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-333527\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/ENAUSD_2025-09-02_13-36-21.png\" alt=\"\" width=\"1057\" height=\"571\"\/><figcaption id=\"caption-attachment-333527\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ENAUSD\/\" target=\"_blank\" rel=\"noopener\">Ethena price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>Ethena price is back near the $0.70 mark after its latest uptick, with ENA\u2019s current daily chart displaying a potential cup and handle pattern.<\/p>\n<p>The pattern often signals a bullish trend continuation, and a price breakout above $0.80 is likely to confirm this for Ethena.<\/p>\n<p>The daily RSI above 54 and upsloping add to this bullish outlook. Buyers could target $1.26 in the short term.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ethena-price-forecast-amid-a-94-million-ena-token-unlock\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Ethena\u2019s token ENA is up nearly double digits in 24 hours as bulls eye a breakout above $0.80. The token expects a major unlock event of 94 million ENA. Analysts say price could break out amid key fundamental strengths for Ethena. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":58729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58728"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=58728"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/58729"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=58728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=58728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=58728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}