Price of Ethena (ENA) today
As of the latest data, Ethena (ENA) is currently priced at $0.897 with a market capitalization of $1.21B. The 24-hour trading volume stands at $312.28M, The circulating supply of Ethena is approximately 1.43B. The cryptocurrency has seen a 5.92% increase in value over the past 24 hours.
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About Ethena (ENA)
The asset with ID 149893 is named Ethena and has the symbol ENA. It has a logo version of 2 and was last updated on 1,713,318,899. Ethena is associated with an image that can be found at the provided link. The asset's main features, technology, and use case are not specified in the available information. The asset does not have a short summary, description, github repository link, website link, whitepaper link, social media links, team members, or promotional content. The absence of detailed information makes it difficult to determine the specific purpose or functionality of the Ethena asset.
How does Ethena work?
Ethena (ENA) operates as a decentralized platform that facilitates peer-to-peer transactions through blockchain technology. Utilizing a consensus mechanism such as Proof of Stake, Ethena ensures secure and transparent transactions without the need for intermediaries. Its unique features include smart contracts, which automate and enforce agreements between parties, and tokenization, allowing for the creation of digital assets. Ethena's decentralized nature eliminates the need for centralized authorities, providing users with greater control over their finances and data. This opens up a wide range of use cases across industries such as finance, supply chain management, and healthcare, offering efficient and cost-effective solutions compared to traditional financial systems. Ethena's versatility and potential for innovation make it a promising platform for various applications and platforms.
How to keep your Ethena (ENA) safe?
To keep your Ethena (ENA) safe, consider using hardware wallets like Ledger for enhanced security. These wallets store your private keys offline, making it nearly impossible for hackers to access your funds. Additionally, trusted platforms like Binance, BTSE, and Nexo offer secure storage options and advanced security features to protect your assets. By utilizing these platforms and hardware wallets, you can ensure the safety of your Ethena investments and have peace of mind knowing your funds are secure.