Ethena Soars 100% in Week of Crypto Gains
The past week has been kind to some cryptocurrencies, with several assets experiencing significant gains. According to CoinMarketCap, Ethena (ENA) led the pack with a staggering 100.75% increase in value, bringing its market capitalization to around $1.63 billion.
This gain comes as part of Ethena's ecosystem expansion, which includes a strategic partnership with Coinbase that includes launching products based on the USDe stablecoin for over 100 million exchange users.
The top three also included pump.fun (PUMP), up 88.11% to $0.0052, and Stacks (STX), gaining 82.76% to $0.22. Official Trump (TRUMP) took fourth place with a 79.12% increase to $2.50.
Notable gains were also seen in Zcash (ZEC), up 66.51% to $810.55, and LayerZero (ZRO), which rose 61.87% to $1.25.