Ethena’s native token, ENA, has shown resilience despite a recent unlock of 40 million tokens. Bullish technical indicators are emerging, raising expectations for a potential rally toward $1 in the coming months.

As data indicates ENA traded at $0, market predictions suggest that a Coinbase listing could serve as a key catalyst. The integration into one of the leading exchanges might provide Ethena with the boost it needs to realize its bullish potential.

Investors should monitor these developments carefully. The upcoming months could reveal significant opportunities for growth in the Ethena asset as the market reacts to this potential listing.