Price Analysis View Non-AMP

ENA Price Jumps 18% as December Breakout Setup Strengthens: Can It Hit $0.65 Next?

Published by
Yash Jain

ENA price is once again reacting strongly to its historically proven demand zone between $0.20–$0.25, a region that previously triggered two major rallies. With improved market sentiment, Ethereum’s latest upgrade, and a new Ethena ETP (EENA) launch, the token is showing renewed upside potential. If momentum sustains, ENA price prediction December 2025 suggest a 150% rise could be possible.

ENA Price Reacts Again to Proven $0.20–$0.25 Demand Zone

The major key insight from this ENA price analysis is that its price has a deep technical relationship with the $0.20–$0.25 zone, as this region acted as a powerful launchpad twice.

In Q4 2024, ENA/USD surged over 500%, jumping from this support to hit $1.30 and in Q3 2025 same zone triggered a 290% rally to $0.87.

Notably, both rallies formed a descending triangle on the weekly chart, matching the current Q4 2025 would be predicted to end in this zone, as well. Because ENA price today sits near $0.27, analysts anticipate that if the token breaches $0.40, a continuation toward $0.65 would mark a 150% rise, this becomes a realistic near-term target because it aligns with the pattern’s resisting downward upper trendline.

Bitcoin and Ethereum Momentum Boost ENA Price Today

Further strengthening this bullish case is improved broader market sentiment, led by the recent surge in Bitcoin and Ethereum. The BTC price USD has climbed from $92,950, gaining nearly 11% since December 1st. 

Meanwhile, ETH surged 13%, breaking above $3,075, supported by two major catalysts.

First, Bitcoin’s momentum revived the entire altcoin sector. Second, Ethereum’s network saw another significant upgrade, which is the Fusaka rollout on December 3rd. Building upon Pectra, Fusaka introduces peer data availability sampling, targeting 40%–60% lower Layer-2 fees. 

Since Ethena runs on Ethereum, this upgrade has indirectly supported ENA crypto’s latest demand surge, too.

As a result, ENA price USD jumped 18% intraday, lifting its market capitalization to $2.04 billion.

21Shares Launches Ethena ETP, Adding Institutional Tailwinds

Adding to the momentum, 21Shares announced the launch of the 21Shares Ethena ETP (EENA) on December 3rd, alongside the Morpho ETP. These products push their new fully physically backed ETP lineup to 16 in 2025, strengthening institutional access to ENA.

The debut of the ENA ETP enhances liquidity pathways for ENA crypto, increasing exposure among traditional investors and potentially supporting the broader ENA price forecast for December.

Yash Jain

Yash is a crypto analyst specializing in price analysis, predictions, and in-depth research reports. He combines technical indicators with on-chain data to uncover market trends and potential breakouts. His sharp insights help readers navigate the crypto market with confidence. Whether it’s Bitcoin or emerging altcoins, Yash breaks it down with clarity and precision.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

WhiteBIT Expands Globally with U.S. Launch and Times Square Campaign

WhiteBIT, the largest European cryptocurrency exchange by traffic, today announced its official launch in the…

December 3, 2025

Best Crypto to Buy as Bitcoin (BTC) Shows Fresh Momentum

As Bitcoin (BTC) begins to show fresh momentum after weeks of consolidation, investors are once…

December 3, 2025

Binance Bitcoin Reserves Drop Sharply, BTC Price Eyes $100000

Bitcoin price today jumped beyond $93,000 after bullish sentiment grew across the crypto market. Recent…

December 3, 2025

Bitcoin Price Today Surges 7% Ahead of December FOMC Meeting: Can BTC Break $94K Next?

Bitcoin price today surged more than 7% to reclaim the $93,000 level, gaining strong momentum…

December 3, 2025

Bybit Launches $25K Holiday Rewards for New Users

Bybit, the world’s second-largest crypto exchange by trading volume, is spreading holiday cheer with a…

December 3, 2025

Dubai Blockchain Week 2025 : Binance CEO Richard Teng Backs UAE’s Crypto Push

Richard Teng’s latest post on X added fresh momentum to an already busy week in…

December 3, 2025