Ethaina price decreases by 80 % of the collapse, as it struck the main standards star-news.press/wp

Price Etheina has risen to its highest point more than two weeks ago, as the total closed value (TVL) jumped to the highest level.

The ENA code jumped to $ 0.7660, increasing more than 230 % of its lowest point this year. This recovery pushed the market ceiling to more than $ 5.8 billion and its fully diluted evaluation to $ 11.1 billion.

Etheina Price jumped amid the growth of the ongoing ecosystem, with Total closed value It rose to a record level of $ 12.85 billion, which is much higher than the lowest level per year to $ 5.5 billion. His TVL was on an upward path since 2024, when the year began with $ 79 million.

TVL is driven by the USDE stable, which is kept by approximately 800,000 users and has an annual return of 7 %, higher than the return on government bonds by 4 %.

This growth has led to more fees and revenues in the network. Its fees in the third quarter until now are 109 million dollars, and it is higher than 27 million dollars that it made in the same quarter of last year. Its revenues so far are $ 7.65 million, an increase of $ 1.15 million in the second quarter.

Ena Price also jumped amid the constant accumulation by Stablecoinx, which raises $ 530 million. It has already raised $ 895 million of financing, which you will see added more than 3 billion symbols to its public budget.

These acquisitions will enhance the request of Ena while the whales continued to collect them. Now hold 57 million Ena, an increase of more than 32 % in the last 30 days.

Technical analysis of Ethaina prices

The daily time frame shows that the price of Ena contains strong technologies that may push it much higher in the coming weeks. Dual bottom pattern formed at $ 0.2490 and neckline at $ 0.4570.

The currency formed a golden crosses in July, when the moving averages crossed for 50 days and 100 days each other. Recently, the science pattern formed ascending and moved over the upper side of its channel.

Therefore, the symbol is likely to have a strong upward outbreak, as the first goal is $ 0.8595, the upper side of the flag. The step higher than this price will pay it to the resistance point at $ 1.3255, which is the highest point in November last year, which is about 80 % higher than the current level.