Cryptonews·
The Ethena Crypto Buyback Math Puts the $2 ENA Target to the Test
Standard Chartered’s ENA price target of $2 depends on USDe reaching $40 billion and buybacks scaling with protocol revenue by 2028.
Also covered by 6 outlets
- Crypto Briefing ↗Standard Chartered initiates Ethena coverage, sees ENA at $2 by 2028
- The Defiant ↗Standard Chartered Initiates ENA Coverage With $2 Target
- Unchained ↗Standard Chartered Forecasts Ethena’s Token Will Hit $2 by End of 2028 on Buybacks
- The Block ↗Standard Chartered sees over 600% upside for ENA, expects USDe to hit $40 billion by 2028
- Cointelegraph ↗Standard Chartered sees Ethena’s USDe reaching $40B, ENA hitting $2
- CryptoSlate ↗Standard Chartered says Ethena’s ENA could crush Bitcoin and Ethereum returns by 2028
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