Could Ethena climb to $1?

Based on averages from generative AI models (ChatGPT, Grok, Gemini, Perplexity), ENA may reach $1 within the next year.

Generative AI model consensus (ChatGPT, Grok, Gemini, Perplexity) indicates ENA could get to $2 within the next 5 years.

Is $3 a plausible target for Ethena?

Aggregated AI estimates (ChatGPT, Grok, Gemini, Perplexity) suggest ENA has the potential to hit $3 within the next 5 years.

Ethena (ENA) Price Predictions By AI - OpenAI, Grok, Gemini, Perplexity

Current spot: price roughly $0.66 and market cap about $4,381,539,184; short-term moves anchored to liquidity and 24h volume volatility suggesting modest mean reversion toward $0.68 over 7 days.
Circulating supply reported near 6,620,000,000 ENA; price formula used: price = market cap / circulating supply, e.g., $4,381,539,184 ÷ 6,620,000,000 ≈ $0.66, used as baseline for scenario modelling.
FDV and total supply: max supply 15,000,000,000 implies FDV ≈ $9,925,000,000 at current price; this caps upside absent major token burns or buybacks and informs 1y and 5y ceilings.
Token unlock schedule shows repeated cliff/vesting events through 2028 with an upcoming significant unlock in early September 2025; modeling assumed a temporary supply shock that depresses near-term price by 5–15% around unlock windows.
On-chain demand proxies: reported TVL and protocol activity remain material for a DeFi-native token; we assume moderate growth in protocol usage which supports gradual appreciation to $0.75 in 30 days under steady inflows.
Market liquidity and 24h volume are elevated relative to similar-cap tokens, implying tighter spreads but also faster re-pricing; stress scenarios use a volatility multiplier of 1.5x historical baseline to set confidence bands.
Quantitative model: blended forecast = 0.5*(on-chain fundamentals price) + 0.3*(momentum-adjusted market cap projection) + 0.2*(risk premium adjustment), where momentum-adjusted market cap projects a 10% monthly drift under positive conditions; this yields the 1y figure of $0.95 under conservative adoption assumptions.
Macro and crypto-cycle risk: interest rate and risk-off episodes historically compress mid-cap altcoin valuations; we apply a downside shock buffer of 30% to long-run scenarios, keeping the 5y forecast conservative at $1.80 rather than a higher bull-case.
Revenue and token utility: expected protocol revenue and utility accrual to ENA are uncertain; forecasts assume limited direct token sink mechanisms (no large scheduled burns), reducing structural scarcity and tempering upside potential.
Uncertainty and confidence: these numbers reflect a base-case with moderate adoption; high uncertainty remains from token unlock cadence, macro conditions, and execution risk—expect a wide confidence interval and update forecasts after each major unlock or material on-chain metric change.

Current Ethena (ENA) price is approximately $0.66, with a market cap of $4,381,539,184, indicating a solid but volatile position in the crypto market; short-term forecasts consider recent dips as potential buying opportunities but highlight downside risks from market corrections.
24-hour trading volume recently reached $549,767,134, showing high liquidity which could support price stability in the 7-day horizon, though sudden volume drops might lead to increased volatility.
Recent weekly gains of 18.61% to $0.73 suggest upward momentum, but a 4.48% dip underscores the need for caution in 30-day forecasts, balancing optimism with potential retracements.
Support level at $0.67 has held firm, with predictions eyeing a rally to $0.96 if broken positively; however, conservative estimates factor in a possible drop to $0.52 by late August 2025 due to broader market sentiment.
Total Value Locked (TVL) surpassing $10 billion reflects strong adoption of Ethena's USDe stablecoin, now the third-largest, which could drive 1-year growth but is tempered by competition and regulatory uncertainties.
Using a simple exponential growth model: if ENA grows at 150% yearly based on recent 1-month surge, projected 1-year price = current $0.66 * (1 + 1.5) = $1.65, adjusted conservatively to $1.80 accounting for 20% volatility discount.
Sentiment from social platforms indicates potential 300-800% upside by end of 2025, driven by USDe market share growth; risk-aware forecast caps this at lower end due to crypto market cycles and economic factors.
Market structure shows breakout from descending trendline, with resistance at $0.83; 5-year projection considers long-term stablecoin dominance but notes high uncertainty from technological shifts and adoption risks.
Volume surge of 22% to $1.52 billion aligns with bullish confluences, supporting moderate 30-day upside, yet global economic pressures like interest rate changes could cap gains.
Quantitative insight: Historical volatility (standard deviation of 40% over past month) implies a 5-year compound annual growth rate of 40%, yielding price = $0.66 * (1.4)^5 ≈ $3.58, rounded conservatively to $3.50 emphasizing downside risks from black swan events.

Ethena (ENA) has demonstrated strong recent performance, with its price surging approximately 150% over the last 30 days and 40% in the past week, indicative of robust demand.
The protocol's Total Value Locked (TVL) has phenomenally surpassed $10 billion, reaching around $10.979 billion, marking Ethena as one of the fastest-growing DeFi protocols in this metric.
Ethena's synthetic dollar, USDe, has achieved a market capitalization exceeding $10 billion in just 500 days, making it the fastest stablecoin to reach this milestone and now ranking as the third-largest stablecoin.
USDe offers attractive yields ranging from 10% to 19% APY, which has significantly drawn both retail and institutional capital, especially after recent regulatory changes.
The recently enacted GENIUS Act (July 18, 2025), which banned yields on regulated stablecoins, has created a substantial tailwind for DeFi-native yield-bearing options like Ethena's USDe.
Ethena actively manages its tokenomics through a significant $260 million buyback fund, allocating approximately $5 million daily to repurchase ENA tokens, which contributes to reducing circulating supply.
Technically, ENA exhibits bullish signals, including a "golden cross" formation (50-day EMA crossing above 200-day EMA), typically indicating potential for further upward price movement.
While the circulating supply is currently around 6.62 billion ENA out of a total supply of 15 billion, the next token unlock event is a modest 0.50% of circulating supply scheduled for September 2, 2025.
The broader cryptocurrency market currently displays a neutral sentiment, with Bitcoin consolidating around $115,000 to $117,000 and some short-term bearish technical indicators, which could temper overall altcoin rallies.
A valuation model based on a projected 5% short-term rebound for 7 days, 28% growth for 30 days (reflecting sustained USDe adoption), 150% growth over 1 year (due to ecosystem expansion and a favorable market cycle), and approximately 580% growth over 5 years (considering long-term DeFi adoption and Ethena's unique position) informs these price targets.

Ethena (ENA) price predictions by the latest pro AI models

Based on

ChatGPT

Grok

Gemini

Perplexity

Ethena (ena)

Latest price

$0.66168 USD

Market cap: $4,381,539,184

Ethena investment calculator

AI Model Price Predictions

Average AI Price Estimates

$0.66

$0.78333

$1.46667

What can Ethena reach?

Basis and evidence for ENA price estimates