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.

FAQs

What is Ethena?

Ethena is a synthetic dollar and internet-native yield platform built on Ethereum. At the core of Ethena’s ethos lies USDe, a synthetic dollar designed to promote stability and scalability within the DeFi ecosystem. 

Is Ethena a good investment?

Yes, Ethena might definitely be a good investment, if you are looking to invest for the long term.

How high can the ENA price go by the end of 2025?

The price of ENA could potentially claim the $2.37 mark in 2025.

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.

Recent Posts

Bitcoin Falls Below $64K: Here Are the Causes and Price Predictions

Bitcoin (BTC) dropped below $64,000 on February 23 at 20:15 UTC to trade at $63,950,…

February 24, 2026

Trump and Israeli Officials Discuss a Stablecoin for the Gaza Strip

US President Donald Trump is reportedly coordinating efforts with Israeli officials and tech specialists to…

February 24, 2026

Market Crashes, But This Altcoin Rallies Towards a New ATH; Are Low-Caps the Next Safe Haven?

PIPPIN price is beginning to show real signs of strength after successfully flipping a former…

February 24, 2026

World Liberty Financial Stablecoin USD1 Prevails Over FUD Attack

On February 23, the Trump-backed decentralized finance (DeFi) protocol World Liberty Financial reported that hackers…

February 23, 2026

This $0.04 New Crypto Just Hit 3x: Why Investors See Another 500% Move

While many people are still looking at older projects, a new wave of smart capital…

February 23, 2026

Ripple’s Hidden Power Play: Could XRP Be the Backbone of Instant Global Payments?

Ripple has always said it wants to fix one of banking’s biggest problems: slow and…

February 23, 2026