Ethena to Use Solana As Reserves for USDe, ENA Price Shoots 17%

In the latest development, the Ethena community introduced a new proposal that seeks to use Ethereum’s Layer-1 competitor Solana as a reserve asset for its synthetic dollar USDe. This development has sent the Ethena (ENA) price soaring by another 17% today to $0.39 thereby taking its market cap above $1.06 billion. Ethena to Use Solana The post Ethena to Use Solana As Reserves for USDe, ENA Price Shoots 17% appeared first on CoinGape .

Source: CoinGape