BitMEX Founder Arthur Hayes Predicts Massive Rally for DeFi Altcoin ENA

BitMEX founder Arthur Hayes has predicted that the DeFi altcoin project Ethena (ENA) could experience a massive rally once the broader crypto market resumes an uptrend. As an investor in the project, Hayes believes that ENA, which is currently trading at $1.09, could soar more than 817% from its current value. Ethena Labs, the company behind the project, has also launched a yield-earning “synthetic dollar” token called USDe, which aims to create a stable and scalable form of money in the crypto space without relying on traditional banking systems. ENA has been listed for trading on several crypto exchanges, including Binance.

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