Arthur Hayes Predicts Ethena (ENA) Price Surge to $1 Amid Korean Exchange Listings

2026-01-14 23:31

Ethena (ENA) has seen a 6% price increase as major South Korean exchanges Upbit and Bithumb list its synthetic stablecoin, Ethena USD (USDe). The listings have sparked optimism, with ENA trading around $0.24, up 7% in the past 24 hours, and trading volume surging 160% to over $389 million. Prominent investor Arthur Hayes predicts ENA could reach $1, citing increased exchange support and liquidity as key factors. Hayes, co-founder of BitMEX, shared his bullish outlook on X, suggesting that the listings in high-volume markets like South Korea could drive further adoption and price momentum for ENA.

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