ENA Price Jumps 18% as December Breakout Setup Strengthens: Can It Hit $0.65 Next?

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Oh look, ENA’s price is up again, like a rollercoaster that actually goes somewhere. This time, it’s reacting strongly to its trusty $0.20-$0.25 demand zone. You know, the one that’s pulled off two major rallies like a seasoned performer at a talent show. With a little help from Ethereum‘s latest upgrade (thanks, Ethereum!), and the shiny new Ethena ETP (EENA) launch, the token is flexing some serious muscle. If the stars align, and by stars I mean the market, analysts are predicting a potential 150% rise by December 2025. Grab your popcorn 🍿.

ENA Price Reacts Again to Proven $0.20-$0.25 Demand Zone

Here’s the scoop: ENA has a thing for the $0.20-$0.25 range. It’s like its comfy little blanket. This zone has worked as a launchpad for two rallies already. So, we’ve got history on our side, people!

In Q4 2024, ENA went on a wild ride, surging over 500%. That’s right-500%. It hit $1.30 like a boss. Then, in Q3 2025, same zone, same result: a 290% jump to $0.87. Who says lightning doesn’t strike twice?

Let’s talk charts for a second. Both of those rallies formed a neat little descending triangle (don’t worry, we won’t ask you to do math). The Q4 2025 prediction? Yeah, analysts think ENA might just end up in that same zone again. And, if it breaks past $0.40? Watch out-$0.65 is on the horizon. That’s a potential 150% rise. It’s like a plot twist you didn’t see coming, but you secretly wanted it to happen.

Bitcoin and Ethereum Momentum Boost ENA Price Today

Now, let’s add some more fuel to this fire. The broader market is showing some love, with Bitcoin and Ethereum charging ahead like they just found out they were invited to the cool kids’ table. BTC has climbed up by almost 11% since December 1st. Who says Bitcoin’s a one-hit wonder? It’s back, baby!

And Ethereum? Oh, Ethereum’s not sitting quietly in the corner. It surged by 13% to break the $3,075 mark, thanks to two major catalysts.

First, Bitcoin’s mood helped revive the entire altcoin sector. Second, Ethereum’s network got an upgrade with the Fusaka rollout on December 3rd. Translation: Layer-2 fees are dropping like it’s hot (between 40%-60%).

Since Ethena is running on Ethereum, that little upgrade gave ENA crypto’s demand surge a nice boost. 💪

And guess what? ENA’s price jumped 18% intraday. That’s right, folks, 18%. Now, it’s sitting pretty at a $2.04 billion market cap. Not bad for a token that’s still in the “watch me grow” phase.

21Shares Launches Ethena ETP, Adding Institutional Tailwinds

In case you needed more good news, 21Shares has officially launched the 21Shares Ethena ETP (EENA) on December 3rd. Along with the Morpho ETP, this brings their total lineup to 16 in 2025. Talk about a busy year for them. This launch is like a VIP pass to the ENA club, and traditional investors are now invited to the party. 🍾

Today we’re proud to launch two new products: the 21shares Morpho ETP (MORPH) and the 21shares Ethena ETP (EENA). With these launches, we have now introduced 16 new fully physically backed ETPs in 2025.

– 21shares (@21shares) December 3, 2025

The Ethena ETP debut is adding some serious liquidity to the mix, making it easier for investors to get their hands on ENA crypto. This could give the entire ENA price forecast a nice little push through the rest of December. 🎯

FAQs

What is Ethena?

Oh, you’re asking about Ethena? It’s a synthetic dollar and internet-native yield platform built on Ethereum. Basically, it’s here to make your DeFi dreams come true. At the core? USDe, a synthetic dollar that promises stability and scalability. Sounds fancy, right? We’re here for it.

Is Ethena a good investment?

Well, if you’re looking to make a long-term bet, Ethena could be your golden ticket. Don’t say we didn’t warn you.

How high can the ENA price go by the end of 2025?

Some optimistic folks think ENA could hit $2.37 by the end of 2025. We’re not saying it’s going to the moon, but hey-don’t rule it out. 🚀

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2025-12-03 17:25