Ethena Labs is witnessing unprecedented growth in the supply of USDe, which has recently overtaken DAI’s supply. This rapid expansion is fueled by an optimistic outlook for Ethereum and the broader cryptocurrency market. As bullish sentiment surrounds Ethereum, Ethena’s USDe marks a pivotal moment for users looking to engage with this growing DeFi project. The shift in supply dynamics and user interest suggests a promising future for Ethena Labs within the flourishing DeFi landscape.