Ethena Labs' ENA Token Soars to $1 Billion Market Cap After Airdrop, Kicking Off 'Sats Campaign' – What's Next for Investors?
Ethena Labs rises as fifth-largest stablecoin issuer with ENA token launch, achieving $1 billion market cap. Successful Shard Campaign leads to ENA distribution and listing on major exchanges. Season 2 introduces Bitcoin collateral and partnerships with MakerDAO, Pendle Finance, Mantle Network, and Eigenlayer. Ethena aims to bolster DeFi ecosystem, signaling prominence in crypto landscape.