Ethena Price Prediction 2025-35: Will It Hit $20 by 2035?

• Bullish Ethena (ENA) price prediction ranges from $4.00 to $12.00 by 2025 and 2029, respectively.
• Analysis suggests that Ethena (ENA) could reach $12.00 to $29.00 during bullish cycles by 2033.
• ENA’s bearish market price predictions for 2025 and 2035 range between $1.20 and $13.50.

Ethena (ENA) Overview

Cryptocurrency	Ethena
Ticker	ENA
Current Price	$1.17
Price Change (30D)	124.04%
Price Change (1Y)	70.81%
Market Cap	$3.45 Billion
Circulating Supply	2.93 Billion
All-Time High	$1.52
All-Time Low	$0.1953
Total Supply	15 Billion

What is Ethena (ENA)?

Ethena (ENA) is redefining the stablecoin landscape with its advanced synthetic dollar protocol, USDe. Unlike traditional stablecoins like USDT or USDC, which rely on fiat-backed reserves, USDe is a crypto-native synthetic dollar backed by crypto assets and short futures. This approach addresses the pressing need for censorship-resistant, decentralized digital money while avoiding dependency on traditional banking systems.

The magic behind Ethena lies in its delta hedging mechanism, which ensures USDe’s stability by offsetting price risks with precise market strategies. Beyond its unique minting system—combining centralized and decentralized processes for trustless execution—Ethena offers users a chance to stake USDe for rewards.

Leveraging sustainable yield sources like ETH staking and funding spreads ensures a steady flow of passive income for its users. But Ethena isn’t just about stability; it’s about scalability and independence. In a world where centralized systems dominate, Ethena’s crypto-native foundation promises a resilient future for decentralized finance (DeFi).

Ethena Price History

Ethena’s native token, ENA, made waves after its launch in April, capturing the attention of investors with a 190% surge within the first two weeks. This rise propelled the cryptocurrency to an all-time high of $1.52 from its initial low of $0.52, igniting speculation about its long-term potential.

However, the rally met formidable resistance at this peak, triggering a downturn. By September, ENA had plummeted to $0.19—an 87% drop that wiped out much of its earlier gains. The sharp decline was primarily driven by heightened profit-taking, dampening the token’s momentum.

Yet, this low point wasn’t the end for ENA; instead, it marked a turning point. Renewed investor interest, driven by the “buy the dip” narrative, brought a flood of capital back into the market. With bulls fiercely defending the $0.19 level, ENA experienced a recovery, soaring to $1.32—a 584.79% rebound. Currently trading just below this high, ENA has recorded a 70.81% year-on-year gain.

Yearly Highs and Lows of Ethena

Year	Ethena Price
	High	Low
2024	$1.52	$0.1953

Ethena Technical Analysis

Analyzing ENA’s daily chart, the MACD index hints at an impending mild-bearish sentiment as the MACD line at 0.11158 crossed below the signal line around the 0.11768 zone. Such a scenario implies a shift in market sentiment to the downside as the buying pressure begins to wane, which could result in a short-term consolidation or retracement.

Source: TradingView

However, the histogram remains shallow, implying limited downward momentum for now. Meanwhile, the Relative Strength Index stands at 62.52, slightly below the overbought threshold of 70. This indicates that the token is still in bullish territory but nearing overextension.

Notably, RSI levels above 60 often suggest that bulls remain in control despite minor pullbacks. These indicators suggest a cautious outlook, with the token close to the recent resistance zone.

While the MACD signals bearish divergence, the RSI maintains a bullish bias, hinting at potential upward continuation if buyers reassert dominance. However, breaking the $1.32 resistance could confirm a renewed uptrend, while a drop below $1.10 might signal further downside.

Ethena (ENA) Price Forecast Based on Fair Value Gap

The ENA token is in a retracement phase after its sharp rally from the $0.19 all-time low earlier this year. FVGs, visible at the $0.23 to $0.26, $0.40 to $0.49, and $0.68 to $0.76 price levels, indicate areas where the price could revisit due to inefficiencies left behind during rapid upward movements.

Source: TradingView

The most immediate FVG, around $0.68 to $0.76, may act as a magnet for price correction if the bearish momentum continues. Traders often see these gaps as high-probability zones for price retracement before the next move. Below this level, the FVG at $0.40 to $0.49 represents a more potent support zone, coinciding with previous consolidation phases.

On the flip side, maintaining above $1.10 could allow the bulls to consolidate strength and attempt another rally. Closing above $1.25 could negate the immediate risk of filling these gaps, pushing ENA toward its recent highs.

Ethena (ENA) Price Forecast Based on MA Ribbon Analysis

The MA Ribbon, composed of the 20-day, 50-day, 100-day, and 200-day moving averages, reveals a clear bullish alignment, with shorter-term MAs (20-day: $1.03198, 50-day: $0.75783) above the longer-term ones (100-day: $0.54328, 200-day: $0.48864). This structure confirms the continuation of a strong uptrend.

Despite this bullish setup, the token is experiencing a pullback after its recent rally. The 20-day MA currently acts as immediate support, and a break below it could see prices testing the 50-day MA, a critical level aligning with a previous fair value gap. However, if bulls hold the 20-day MA, it could signal renewed momentum to challenge the recent highs near $1.32.

Source: TradingView

The widening gap between the 100-day ($0.54228) and 200-day MAs further strengthens the longer-term bullish sentiment. Historically, tokens respecting the 20-day and 50-day MAs in pullbacks tend to resume their uptrends.

A decisive close above $1.20 could reignite bullish momentum, while a break below the 50-day MA at $0.75783 could lead to a more extended correction. For now, the MA Ribbon remains tilted in favour of the bulls.

Ethena (ENA) Price Forecast Based on Fib Analysis

The token sits slightly above the 61.8% retracement level at $1.0415, a critical zone often called the “golden pocket.” Historically, this level strongly supports uptrends, where prices often rebound after a retracement.

Source: TradingView

Above the current price, the 78.6% level at $1.2370 represents the next resistance. Breaking this level could allow ENA to retest its previous highs near $1.32, with the all-time high of $1.52 as the ultimate target for bullish continuation.

On the downside, a break below the 50% retracement level at $0.8575 could indicate deeper corrections, with the 38.2% level at $0.7009 providing the next major support. Below this, the 23.6% level at $0.5072 aligns closely with a previous consolidation zone, which could act as a final safety net for the bulls.

Ethena (ENA) Price Prediction 2025

Per CryptoTale’s projections, ENA could soar to $4.00 due to bullish momentum following Bitcoin’s halving and growing adoption of Ethena’s ecosystem. However, the token may experience a pullback to $1.20 due to profit-taking.

Ethena (ENA) Price Prediction 2026

According to CryptoTale, ENA prices could drop to $0.50 as market correction phases take hold and capital rotates out of altcoins. Yet, during a stabilization period in the crypto market, the token might reach a high of $1.50.

Ethena (ENA) Price Prediction 2027

CryptoTale anticipates ENA stabilizing around $2.50, signalling the end of a bearish consolidation phase. As the market stabilizes near its correction lows in anticipation of future recovery, a low of $1.20 might be seen.

Ethena (ENA) Price Prediction 2028

With Bitcoin’s next halving sparking bullish activity, CryptoTale forecasts ENA to reach $5.50 as renewed optimism floods the market. On the other hand, a minimum of $3.20 might occur as early retracement zones are tested during the year.

Ethena (ENA) Price Prediction 2029

CryptoTale predicts ENA to peak at $12.00 amid increasing demand for decentralized assets during a bullish market cycle. However, a decline to $8.50 could occur as the token consolidates and early investors take profits.

Ethena (ENA) Price Prediction 2030

CryptoTale estimates ENA might dip to $4.00 due to market corrections during a maturing market cycle. On the upside, the cryptocurrency could achieve $6.50, supported by broader DeFi adoption and Ethena’s evolving ecosystem.

Ethena (ENA) Price Prediction 2031

Based on CryptoTale’s outlook, ENA may peak at $10.50, driven by network growth and improved fundamentals. Nonetheless, prices could see a higher low of $6.80 as the market stabilizes after the previous year’s correction.

Ethena (ENA) Price Prediction 2032

CryptoTale projects ENA to hit a high of $18.00 during the next bullish market cycle, fueled by global blockchain adoption. Conversely, a low of $11.50 might occur as market consolidation rebalances growth and valuation.

Ethena (ENA) Price Prediction 2033

According to CryptoTale, ENA might reach an all-time high of $29.50, reflecting sustained demand and ecosystem growth. The token’s price, however, could retrace to the $16.80 zone as bearish corrections periodically test support levels during the year.

Ethena (ENA) Price Prediction 2034

CryptoTale forecasts a heightened retracement to $8.00 low in 2034 as speculative trading in ENA moderates during periods of profit-taking. On the contrary, the altcoin might rise to $12.00, driven by institutional interest and advancements in decentralized finance.

Ethena (ENA) Price Prediction 2035

Per CryptoTale, ENA could hit $18.00, bolstered by widespread adoption and increased network utility. On the downside, a low of $13.50 might be seen as markets navigate volatility and long-term consolidation phases.

FAQs