Recently, I noticed that ENA has been on a good rise. I just checked and found out it's because Ethena launched Ethereal DEX on the mainnet. Ethereal is a decentralized exchange, and after community voting, it officially launched the Alpha version, allowing some users to start trading USDe, which is the synthetic dollar stablecoin issued by Ethena. According to the latest data, ENA has increased by 0.94% in the past 24 hours. Although not as explosive as when it was first announced, it still performs well among the top 100 cryptocurrencies. Ethereal is a bit special; it runs on a custom Ethereum Virtual Machine application chain, with the settlement layer using Arbitrum, and Converge is used to support perpetual contract trading of USDe. Interestingly, Ethena aims to integrate all DeFi services around USDe, and ENA holders will receive a 15% allocation of Ethereal tokens in the future. This makes Ethereal not just an exchange but more like building an ecosystem centered on USDe. This direction seems quite promising, and it’s worth keeping an eye on how it develops.

DOGE current price 0.1072, in an upward trend · Technical analysis: Double bottom pattern forming, retracing with decreased volume, short-term bullish. · Strategy: Short-term quick in and out, holding for 1–2 hours, risk-reward ratio 1:3, stop loss upon breakdown. · Sentiment: Bullish confidence is lacking, building positions in batches, avoiding chasing gains or panic selling. $DOGE $BTC $ETH

$ETH Bir DELIST decision has been made again, Gaten's defective product.