Standard Chartered initiates coverage of Ethena, forecasts ENA at $2 by 2028

Standard Chartered initiated coverage of Ethena, forecasting its ENA token will reach $2 by end-2028, roughly a sevenfold move from about $0.28. The bank estimates USDe supply will expand from $4.9 billion to $40 billion over the period as Ethena diversifies its assets, per The Block.

Detected & updated continuously · Source: Nebula