Ethena (ENA) surged over 80% in July 2025. Investors are now speculating on whether the token can sustain its momentum or if a correction is looming. Let's delve into Ethena price predictions for the upcoming years.

Ethena and its USDe Stablecoin : A Decentralized Revolution in DeFi ?

Ethena is establishing itself as a disruptive player in the cryptocurrency ecosystem, redefining the concept of stablecoins with its synthetic dollar, USDe. Unlike traditional stablecoins backed by fiat reserves, USDe maintains its peg to $1 through an innovative delta-neutral strategy: long positions on spot Ethereum (ETH) combined with short positions on futures contracts.

This fully on-chain mechanism aims to provide robust stability without dependence on traditional banking systems.

Ethena’s governance token, ENA, allows holders to participate in protocol decisions and earn rewards, enhancing the project’s appeal in decentralized finance (DeFi). However, risks remain : USDe’s stability depends on the liquidity of derivatives markets, and volatility shocks could disrupt the system’s balance.

Price Predictions for ENA : 2025 and Beyond

Analysts diverge on the future of the ENA token, reflecting the inherent uncertainty in this ambitious project.

For 2025 :

• CoinCodex anticipates a slight short-term correction, with a price around $0.36 by August, but forecasts a range of $0.33 to $1.36 for the year.

• DigitalCoinPrice adopts a bullish outlook, predicting that ENA could exceed its all-time high to reach $1.03 to $1.08.

• Phemex (DeFi analysts) : Experts at Phemex estimate that ENA could reach $1.00 to $2.00 in 2025, driven by the growing integration of USDe in DeFi protocols and sustained institutional interest. However, they highlight the risk of token dilution due to continuous emissions.

Looking toward 2030 :

• CoinCodex envisions an ENA price between $0.63 and $1.45, supported by increased DeFi adoption.

• DigitalCoinPrice shows even greater optimism, with an ambitious target of $2.32 to $2.67 by the end of the decade.

• @rahulxero (influential trader on X) : In a recent post, this trader notes strong momentum for ENA, with potential for a “2-3x” from current levels if the bullish momentum continues and token buyback rumors materialize. However, he cautions against high token emissions, which could slow the rise.

According to analyses, ENA will need to break through its resistance zone around $1 to target higher levels. If ENA surpasses this zone, it will need to break and maintain above its trendline at $1.11 on the higher timeframe.

For 2025, ENA could reach $6.3 in a bullish scenario, representing a potential increase of over 1000%.

In summary, Ethena embodies the bold innovation of DeFi, but its complex model exposes investors to significant risks, particularly during turbulence in derivatives markets. While predictions vary, the growing adoption of decentralized stablecoins and interest in yield-bearing strategies could propel Ethena to new heights.

Investors, however, will need to weigh growth potential against the project’s inherent volatility.

How to Buy ENA on Bitget ?

With potential returns between 2x and 10x for 2025, ENA seems to be regaining momentum and could break its higher timeframe trendline in the coming months. Its still-negative CMF on the 3-day chart indicates that capital can still flow massively toward the token.

To try your luck, here’s a guide to easily obtain it on Bitget :

1. Create a Bitget account : Visit the official Bitget website or download the mobile app. Sign up with your email or phone number, then complete identity verification (KYC).

2. Deposit funds : Log in and access the “Deposit” section. Add fiat currencies (EUR, USD, etc.) via bank card or SEPA transfer, or transfer cryptocurrencies like USDT.

3. Buy the token : Go to the “Quick Buy” or “Spot Market” section. Select the ENA/USDT pair, indicate the desired amount, and confirm the purchase, with the option for limit orders.

Buy ENA on Bitget today and earn $10 !