ENA Price Surges 10% Amid Golden Cross Formation

The price of ENA has surged by 10% in a short span as Ethena's network activity and whale transactions indicate a strong participation. This comes at an interesting time, as a golden cross has formed on the daily chart between the 50-day and 200-day EMA bands.

Ethena's network activity appears to be gaining momentum, with increased participation from whales. The timing of this surge is notable, as it coincides with the formation of a golden cross on the daily chart.