Buying more $ENA here
Big bounce coming imo
Nothing fundamentally changed for Ethena and in October, Ethena surpassed the largest L1s in fee generation
Outperforming $ETH, $SOL and $Tron and delivered nearly $50M in yield to users in a single month
This is proof Ethena’s model is working and turning into the most economically productive protocols
Ethena is a business, not just a blockchain, bringing real revenue, real users, and real economic value
Ethena’s model drives economic benefit for every participant in their ecosystem:
1. Users earn yield backed by protocol level economics
2. Exchanges benefit from increased liquidity and volume
3. Investors gain exposure to a product with growing fee capture and proven demand
Tell me how many other projects in Web3 have a monetizable product with real demand like $ENA
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