Key Highlights Standard Chartered projects that Ethena’s ENA token could reach $2 by the end of 2028. The target would represent an approximately eightfold increase from current levels. The bank identified Ethena’s exposure to perpetual futures, tokenization and stablecoins, along with ENA buybacks, as potential growth and price-support factors. Standard Chartered Sets $2 Target for ...
Key Highlights Standard Chartered says Ethena’s $ENA token could rise sevenfold if $USDe reaches $40 billion in supply and buybacks normalize. Ethena’s approved buyback program begins when $USDe supply reaches $7.5 billion, with revenue allocation rising to 20% at $20 billion. Remaining investor unlocks will be released on Oct. 5, while about 12% of $ENA ...
Arbitrum token holders currently have no direct claim on the revenue generated by Robinhood Chain, a risk factor highlighted by analyst Kendrick in a recent research note. According to a CoinDesk report earlier this month, Robinhood Chain directs 10% of its net protocol revenue into the Arbitrum ecosystem. That allocation splits 8% to the DAO ...