The fundamentals of $ENA are too good to ignore: - In the last 7 days, Ethena generated $53 million in revenue. That's twice as much as Hyperliquid. - USDE supply is up 4.6x in the last 12 months and sits now at $12.4 billion, while not having a single major depeg in that time. - The incoming rate cuts, HyENAtrade & the Ethereal Dex are going to increase Ethena's revenue even further. - The fee switch will capture some of this revenue within the ENA token, and it's expected sooner than later. - StablecoinX being listed on the Nasdaq could drive serious flows to ENA as the fundamentals/valuation for Ethena are better than Circle's. - The Converge blockchain could become the leading product for institutional RWA adoption, as Ethena is in a unique position for this.

I've been posting about $ENA having among the strongest fundamentals in the top 50 all this week and published 2 full articles covering my bull case (one here, on BidClub). All this time, we ate through a lot of supplies between $0.60 and $0.70. I think it's finally time for it to go up (a lot).

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