Ethena Price Surges Toward $0.23 as Supply Unlock Nears: Can ENA Reach $0.30?

Ethena's ENA token has climbed from $0.10–$0.11 to around $0.21, breaking through a long-term descending structure. The rally now faces a major test as roughly 1.33 billion ENA remains tied to investor wallets ahead of the project's final large unlock. ENA is approaching the $0.23 breakout zone, with traders eyeing $0.30.