Key Takeaways: Ethena price prediction shows selling pressure toward $0.26. Our ENA price prediction expects a maximum of $0.82 in 2025. In 2031, we expect the ENA price to achieve $7.38. Ethena is a stablecoin project built on Ethereum that offers USDe, a fully decentralized coin pegged to the US dollar. Unlike stablecoins such as USDC or USDT, USDe doesn’t depend on banks or centralized companies for reserves. Instead, it uses a cash-and-carry trading strategy to keep its value equal to the dollar. For investors who prioritize decentralization, USDe could be an appealing choice — especially since it currently offers staking rewards above 9%. However, critics caution that since the project is still new, it’s uncertain whether USDe’s high yields and dollar peg can remain stable during a market downturn. Based on these developments, we’ve compiled our Ethena price prediction from 2025-2031. In this article, we’ll find out “Will ENA reach $10?” and explore the factors behind ENA price prediction. Overview Cryptocurrency Ethena Ticker ENA Price $0.26 (-7%) Market cap $3.59 Trading volume (24-hour) $457M Circulating supply 7.15B ENA All-time high $1.52 (11 April, 2024) All-time low $0.1858 (11 October, 2025) ENA technical analysis Metric Value Current Price $0.26 Price Prediction $ 0.2148 (-25.34%) Fear & Greed Index 26 (Fear) Sentiment Bearish Volatility 10.54% (Very High) Green Days 12/30 (40%) 50-Day SMA $ 0.3373 200-Day SMA $ 0.4831 14-Day RSI 46.80 (Neutral) ENA price analysis Resistance for ENA is at $0.3063 Support for ENA/USD is at $0.2233 The ENA price analysis for December 6 confirms that ENA witnessed bearish pressure as it declines toward $0.26. Currently, the ENA price is preparing for a bearish rally. Ethena price analysis 1-day chart: ENA price triggers bearish momentum Analyzing the daily price chart of ENA tokens, ENA witnessed a bearish correction after sellers pushed the price toward support lines. Sellers are now aiming for a hold below the immediate Fib channels around $0.26. The 24-hour volume dropped toward $41 million, showing a decline in trading interest today. Ethena’s price is currently trading at $0.26, which has dropped by over 7% in the last 24 hours. ENA/USDT Chart by TradingView The RSI-14 trend line has dropped from its previous level and hovers within the neutral region at 42, showing that bears control price momentum slightly. The SMA-14 level suggests volatility in the next few hours. ENA/USDT 4-hour price chart: Buyers aim big above EMA levels The 4-hour ENA price chart suggests that ENA experienced a bearish activity around EMA lines, creating a negative sentiment on the price chart. Currently, buyers aim for a strong rebound above the EMA20 trend line. ENA/USDT Chart by TradingView The BoP indicator trades in a bearish region at 0.8, suggesting that sellers are trying to build pressure near resistance levels and boost downward correction. Additionally, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening selling positions. ENA price predictions: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.4056 SELL SMA 5 $ 0.3367 SELL SMA 10 $ 0.3254 SELL SMA 21 $ 0.2973 SELL SMA 50 $ 0.3373 SELL SMA 100 $ 0.4831 SELL SMA 200 $ 0.4831 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $ 0.3005 SELL EMA 5 $ 0.3462 SELL EMA 10 $ 0.4359 SELL EMA 21 $ 0.5275 SELL EMA 50 $ 0.5549 SELL EMA 100 $ 0.5118 SELL EMA 200 $ 0.4874 SELL What to expect from ENA price analysis next? The hourly price chart confirms bears are making efforts to prevent the ENA price from an immediate surge. However, if the ENA price successfully breaks above $0.3063, it may surge higher and touch the resistance at $0.3673. ENA/USDT Chart by TradingView If bulls fail to initiate a surge, ENA price may drop below the immediate support line at $0.2233, resulting in a correction to $0.1674. Is ENA a good investment? Whether ENA is a good investment depends on your goals and how much risk you’re comfortable with. Ethena has been ranked among the 100 cryptocurrencies. Still, there are questions about its demand, given its similarity to algorithmic stablecoins — a concept that lost trust after LUNA’s collapse in 2022. Even so, Ethena has shown strong performance during market surges, making it a solid project in the crypto market. If you believe in the project’s future and don’t mind the ups and downs, it might be worth putting in a small amount. Why is the ENA price down today? ENA’s price gained selling pressure around recent highs, resulting in a minor downward push. This created a decline toward $0.26. Will Ethena price recover? If buyers hold above the $0.3 level, we might see a comeback in buying demand. Will ENA reach $10? ENA price might reach the $10 mark in 2032 if buying demand surges and ENA attracts altcoin investors. Will ENA reach $100? The $100 mark is a distant dream for ENA. This price level is achievable in the long run if ENA continues to expand its offerings and attract buying demand. Is Ethena a good long-term investment? ENA has gained popularity due to strong community support. However, conducting thorough research into their long-term potential is crucial to determine if they represent a viable long-term investment. Recent news/ Opinion on ENA 21Shares has launched the Ethena ETP (EENA) on European exchanges, giving investors regulated access to ENA and following Ethena’s strong $151M Q3 fees and its new Hyperliquid partnership. 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. pic.twitter.com/pb1KbWwa2f — 21shares (@21shares) December 3, 2025 Ethena (ENA) price prediction December 2025 Over the last few days, ENA prices have aimed to surge above crucial Fib levels. If the BTC price aims for a hold above $100K in December, we might see a solid surge in the ENA price. According to technical analysis, the ENA price might record a maximum level of $0.44 and a minimum of $0.25, with an average value of $0.35 throughout December. ENA price prediction Potential low Potential average Potential high ENA Price Prediction December 2025 $0.25 $0.35 $0.44 Ethena Forecast 2025 By the end of 2025, ENA price is expected to attain an average level of $0.64. The Ethena price prediction 2025 expects a minimum price of $0.2 and a maximum price of $0.82. ENA price prediction Potential low Potential average Potential high ENA Price Prediction 2025 0.2 0.64 0.82 Ethena Price Predictions 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 0.9001 0.9258 1.1 2027 1.3 1.35 1.55 2028 1.98 2.03 2.31 2029 2.85 2.95 3.46 2030 4.26 4.37 5 2031 6.24 6.42 7.38 Ethena Price Prediction 2026 Ethena’s price forecast expects a minimum value of $0.9001 in 2026. The maximum value could be around $1.10, with an average trading price of approximately $0.9258. Ethena Price Prediction 2027 Ethena’s price in 2027 is expected to reach a minimum level of $1.30 and a maximum level of $1.55, with an average forecast price of about $1.35. Ethena Price Prediction 2028 The price of Ethena in 2028 is predicted to reach a minimum value of $1.98. It could rise to a maximum of $2.31, with the average trading price estimated at $2.03. Ethena Price Prediction 2029 According to forecasts and technical analysis, Ethena is expected to reach a minimum price of $2.85 in 2029. The token could achieve a maximum level of $3.46, while the average trading price is projected to be around $2.95. Ethena Price Prediction 2030 Based on in-depth technical analysis of past data, the price of Ethena in 2030 is expected to reach a minimum of $4.26. The maximum price could be $5.00, with an average value of about $4.37. Ethena Price Prediction 2031 In 2031, Ethena’s price is forecasted to reach a minimum level of $6.24, a maximum level of $7.38, and an average trading price of approximately $6.42. Ethena Price Prediction 2025-2031 Ethena market price prediction: Analysts’ ENA price forecast Firm Name 2025 2026 Coincodex $0.51 $1.43 CoinDCX $1.15 $1.90 Cryptopolitan’s Ethena price prediction At Cryptopolitan, we are bullish on the ENA price movements as the coin is expected to surge to new highs by the end of this year. By the end of 2025, ENA price is expected to attain an average level of $0.64. The Ethena price prediction 2025 expects a minimum price of $0.3 and a maximum price of $0.82. ENA historical price sentiment ENA Price History: Coinmarketcap Ethena’s price history from mid-2024 to late 2025 shows a period of intense volatility marked by sharp fluctuations in both price and market capitalization. In early 2024, Ethena traded strongly, reaching highs around $1.20 in April, supported by high trading volumes exceeding $8 billion. However, by mid-2024, the token began to decline steadily, closing near $0.38 by July as investor sentiment weakened and market activity cooled. The latter half of 2024 saw further instability. Ethena’s price dropped as low as $0.20 in September, reflecting a major correction phase in the broader crypto market. Despite these setbacks, the token demonstrated resilience, climbing back above $1.00 by December 2024. This late-year rally suggested renewed interest from traders and potential ecosystem developments. In 2025, Ethena continued to experience wide swings. The token opened the year near $1.25 but faced sustained downward pressure through the spring, dipping below $0.30 by June. A strong recovery followed in the third quarter, with prices surpassing $0.70 in August and stabilizing near $0.50 by October. Throughout this period, Ethena’s market cap ranged from $1 billion to over $5 billion. In early November, the price of ENA declined toward $0.3. By the end of November, ENA declined below $0.23.
