ENA Price Eyes $1.50 Rally After CME Expands Institutional Reach

Ethena's (ENA) price has shown strong bullish momentum in recent times, which is expected to propel it towards a $1.50 rally.

The token has already delivered a significant 125% advance from a highlighted entry point, indicating renewed buyer interest and a solid technical outlook.

Despite a 5.26% loss over the last 24 hours, ENA's price structure and network expansion suggest a bullish reversal ahead.

The CME Group has expanded Ethena's institutional reach by adding it to its digital asset reference rates, establishing standardized global pricing and enhancing market transparency.