Ethena (ENA) Price: ENA Cools Off, But Is the Rally Really Over?

Ethena's ENA trades near $0.22, down about 2.9% on the day after retreating from its late-September high near $0.29. The token remains above its rising trend line from the August low, keeping the broader uptrend intact. USDe supply grew 20.2% in September to $4.90 billion, the fastest growth rate among the ten largest stablecoins.