Crypto
Coinbase Adds Ethena Token ENA to Roadmap, Spurring 8.6% Price Jump
Coinbase has added Ethena's native token ENA to its official listing roadmap. This decision triggered an immediate 8.6% price jump in early Asian trading hours, with ENA increasing from $0.312 to a peak of $0.338 before settling at $0.329.
The token's price surge was accompanied by a significant increase in trading volume, which surged 91.7% to reach $254 million over 24 hours.
ENA joins QCAD on Coinbase's current roadmap, representing the exchange's measured approach to new listings. This strategy contrasts with smaller exchanges that often list tokens with minimal preparation.