Ethena Price Prediction 2025-2031: Will ENA Price Crash or Surge Toward $10?

Key Takeaways:

• Ethena price prediction shows selling pressure toward $0.23.
• Our ENA price prediction expects a maximum of $0.82 in 2025.
• In 2031, we expect the ENA price to achieve $7.38.

Ethena is a stablecoin project built on Ethereum that offers USDe, a fully decentralized coin pegged to the US dollar.

Unlike stablecoins such as USDC or USDT, USDe doesn’t depend on banks or centralized companies for reserves. Instead, it uses a cash-and-carry trading strategy to keep its value equal to the dollar.

For investors who prioritize decentralization, USDe could be an appealing choice — especially since it currently offers staking rewards above 9%. However, critics caution that since the project is still new, it’s uncertain whether USDe’s high yields and dollar peg can remain stable during a market downturn.

Based on these developments, we’ve compiled our Ethena price prediction from 2025-2031. In this article, we’ll find out “Will ENA reach $10?” and explore the factors behind ENA price prediction. 

Overview

Cryptocurrency	Ethena
Ticker	ENA
Price	$0.23 (-4.5%)
Market cap	$3.59
Trading volume (24-hour)	$457M
Circulating supply	7.15B ENA
All-time high	$1.52 (11 April, 2024)
All-time low	$0.1858 (11 October, 2025)

ENA technical analysis 

Metric	Value
Current Price	$0.23
Price Prediction	$ 0.2240 (-1.24%)
Fear & Greed Index	42 (Fear)
Sentiment	Bearish
Volatility	13.66% (Very High)
Green Days	11/30 (37%)
50-Day SMA	$ 0.5147
200-Day SMA	$ 0.4819
14-Day RSI	32.19 (Neutral)

ENA price analysis

• Resistance for ENA is at $0.2505
• Support for ENA/USD is at $0.218

The ENA price analysis for November 22 confirms that ENA witnessed bearish pressure as it declines toward $0.227. Currently, the ENA price is preparing for a bearish rally.

Ethena price analysis 1-day chart: ENA price triggers bearish momentum

Analyzing the daily price chart of ENA tokens, ENA witnessed a bearish correction after sellers pushed the price toward support lines. Sellers are now aiming for a hold below the immediate Fib channels around $0.227. The 24-hour volume surged to $33.9 million, showing a surge in interest in trading today. Ethena’s price is currently trading at $0.23, which has dropped by over 4.5% in the last 24 hours.

ENA/USDT Chart by TradingView

The RSI-14 trend line has dropped from its previous level and hovers within the neutral level at 27, showing that bears control price momentum slightly. The SMA-14 level suggests volatility in the next few hours.

ENA/USDT 4-hour price chart: Buyers aim big above EMA levels

The 4-hour ENA price chart suggests that ENA experienced a bearish activity around EMA lines, creating a negative sentiment on the price chart. Currently, buyers aim for a strong rebound above the EMA20 trend line.

ENA/USDT Chart by TradingView

The BoP indicator trades in a bullish region at 0.03, suggesting that buyers are trying to build pressure near resistance levels and boost upward correction.

However, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening selling positions. 

ENA price predictions: Levels and action

Daily simple moving average (SMA) 

Period	Value	Action
SMA 3	$ 0.4590	SELL
SMA 5	$ 0.4286	SELL
SMA 10	$ 0.4654	SELL
SMA 21	$ 0.4656	SELL
SMA 50	$ 0.5147	SELL
SMA 100	$ 0.6009	SELL
SMA 200	$ 0.4819	SELL

Daily exponential moving average (EMA)

Period	Value	Action
EMA 3	$ 0.4700	SELL
EMA 5	$ 0.5112	SELL
EMA 10	$ 0.5680	SELL
EMA 21	$ 0.6112	SELL
EMA 50	$ 0.5906	SELL
EMA 100	$ 0.5263	SELL
EMA 200	$ 0.4938	SELL

What to expect from ENA price analysis next?

The hourly price chart confirms bears are making efforts to prevent the ENA price from an immediate surge. However, if the ENA price successfully breaks above $0.2505, it may surge higher and touch the resistance at $0.2866.

ENA/USDT Chart by TradingView

If bulls cannot initiate a surge, ENA price may drop below the immediate support line at $0.218, resulting in a correction to $0.2003. 

Is ENA a good investment?

Whether ENA is a good investment depends on your goals and how much risk you’re comfortable with. Ethena has been ranked among the 100 cryptocurrencies. Still, there are questions about its demand, given its similarity to algorithmic stablecoins — a concept that lost trust after LUNA’s collapse in 2022. Even so, Ethena has shown strong performance during market surges, making it a solid project in the crypto market. 

If you believe in the project’s future and don’t mind the ups and downs, it might be worth putting in a small amount.

Why is the ENA price down today? 

ENA’s price gained selling pressure around recent highs, resulting in a minor downward push. This created a decline toward $0.23.

Will Ethena price recover?

If buyers hold above the $0.3 level, we might see a comeback in buying demand.

Will ENA reach $10?

ENA price might reach the $10 mark in 2032 if buying demand surges and ENA attracts altcoin investors. 

Will ENA reach $100?

The $100 mark is a distant dream for ENA. This price level is achievable in the long run if ENA continues to expand its offerings and attract buying demand. 

Is Ethena a good long-term investment?

ENA has gained popularity due to strong community support. However, conducting thorough research into their long-term potential is crucial to determine if they represent a viable long-term investment.

Recent news/ Opinion on ENA 

Terminal Finance, a decentralized exchange (DEX) incubated by Ethena Labs, has attracted more than $262 million in total value locked (TVL) ahead of its upcoming launch. 

Ethena (ENA) price prediction November 2025

Over the last few days, ENA prices have aimed to surge above crucial Fib levels. If the BTC price aims for a hold above $120K in November, we might see a solid surge in the ENA price.

According to technical analysis, the ENA price might record a maximum level of $0.44 and a minimum of $0.25, with an average value of $0.35 throughout November.

ENA price prediction	Potential low	Potential average	Potential high
ENA Price Prediction November 2025	$0.25	$0.35	$0.44

Ethena Forecast 2025

By the end of 2025, ENA price is expected to attain an average level of $0.64. The Ethena price prediction 2025 expects a minimum price of $0.2 and a maximum price of $0.82. 

ENA price prediction	Potential low	Potential average	Potential high
ENA Price Prediction 2025	0.2	0.64	0.82

Ethena Price Predictions 2026-2031

Year	Minimum Price ($)	Average Price ($)	Maximum Price ($)
2026	0.9001	0.9258	1.1
2027	1.3	1.35	1.55
2028	1.98	2.03	2.31
2029	2.85	2.95	3.46
2030	4.26	4.37	5
2031	6.24	6.42	7.38

Ethena Price Prediction 2026

Ethena’s price forecast expects a minimum value of $0.9001 in 2026. The maximum value could be around $1.10, with an average trading price of approximately $0.9258.

Ethena Price Prediction 2027

Ethena’s price in 2027 is expected to reach a minimum level of $1.30 and a maximum level of $1.55, with an average forecast price of about $1.35.

Ethena Price Prediction 2028

The price of Ethena in 2028 is predicted to reach a minimum value of $1.98. It could rise to a maximum of $2.31, with the average trading price estimated at $2.03.

Ethena Price Prediction 2029

According to forecasts and technical analysis, Ethena is expected to reach a minimum price of $2.85 in 2029. The token could achieve a maximum level of $3.46, while the average trading price is projected to be around $2.95.

Ethena Price Prediction 2030

Based on in-depth technical analysis of past data, the price of Ethena in 2030 is expected to reach a minimum of $4.26. The maximum price could be $5.00, with an average value of about $4.37.

Ethena Price Prediction 2031

In 2031, Ethena’s price is forecasted to reach a minimum level of $6.24, a maximum level of $7.38, and an average trading price of approximately $6.42.

Ethena Price Prediction 2025-2031

Ethena market price prediction: Analysts’ ENA price forecast

Firm Name	2025	2026
Coincodex	$0.51	$1.43
CoinDCX	$1.15	$1.90

Cryptopolitan’s Ethena price prediction

At Cryptopolitan, we are bullish on the ENA price movements as the coin is expected to surge to new highs by the end of this year. By the end of 2025, ENA price is expected to attain an average level of $0.64. The Ethena price prediction 2025 expects a minimum price of $0.3 and a maximum price of $0.82. 

ENA historical price sentiment

ENA Price History: Coinmarketcap

• Ethena’s price history from mid-2024 to late 2025 shows a period of intense volatility marked by sharp fluctuations in both price and market capitalization. In early 2024, Ethena traded strongly, reaching highs around $1.20 in April, supported by high trading volumes exceeding $8 billion. 
• However, by mid-2024, the token began to decline steadily, closing near $0.38 by July as investor sentiment weakened and market activity cooled.
• The latter half of 2024 saw further instability. Ethena’s price dropped as low as $0.20 in September, reflecting a major correction phase in the broader crypto market. 
• Despite these setbacks, the token demonstrated resilience, climbing back above $1.00 by December 2024. This late-year rally suggested renewed interest from traders and potential ecosystem developments.
• In 2025, Ethena continued to experience wide swings. The token opened the year near $1.25 but faced sustained downward pressure through the spring, dipping below $0.30 by June. 
• A strong recovery followed in the third quarter, with prices surpassing $0.70 in August and stabilizing near $0.50 by October. Throughout this period, Ethena’s market cap ranged from $1 billion to over $5 billion.  
• In early November, the price of ENA declined toward $0.3.