Ethena Unveils iUSDe, Telegram App
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•Ethena plans to launch iUSDe for TradFi and a Telegram payment app in Q1 2025 - ENA price surge
71% Informative
Ethena plans to launch iUSDe, a synthetic dollar savings token for institutional finance, in Q1 2025 .
The protocol is also developing a Telegram -based payment app, integrating blockchain technology with mobile payments.
The announcement fueled a strong rally in ENA price, which surged 19% to $ 1.24 , with a market cap of $ 3.69B and a trading volume increase of 44% .
The price movement reflects heightened investor confidence in the protocol's roadmap and product innovation.
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