Hey there, crypto enthusiasts! If you’ve been scrolling through X lately, you might have stumbled upon a buzzworthy thread from @0xelonmoney about $ENA, the native token of Ethena Labs. Posted on July 26, 2025, this thread is making waves, and for good reason. It dives into why $ENA could be the next big thing in the crypto world. Let’s break it down and see what’s fueling this excitement—especially if you’re wondering if it’s too late to jump in!

The Buzz Around $ENA: What’s Driving the Hype?

The thread highlights some jaw-dropping developments for Ethena, and the attached chart tells a story of its own. The graph shows $ENA’s price alongside sentiment and mindshare over the past year, with a noticeable spike in recent months. Here’s what’s behind the surge:

• Regulatory Wins with USDtb: Ethena’s USDtb stablecoin is set to become the first regulated U.S. stablecoin under the GENIUS Act, thanks to a partnership with Anchorage Digital. This means strict 1:1 treasury backing and KYC/AML compliance, giving it a legit edge. Plus, 80% of its reserves are parked in BlackRock’s BUIDL tokenized treasury fund—talk about institutional trust!

• Massive Buyback Program: The Ethena Foundation is pumping $260 million into buying back 8% of $ENA’s circulating supply over six weeks. That’s about $5 million daily, which could tighten supply and boost the token’s value. Big investors like @CryptoHayes, who scooped up $4.58 million worth, are also adding fuel to the fire.

• Stablecoin Success: Ethena’s USDe has hit $7 billion in circulation, making it the third-largest stablecoin globally. Its unique hybrid yield model offers a 12% APY from crypto perpetual futures and a solid 4.25% floor by shifting to USDtb. That’s a sweet deal for yield hunters!

DeFi Integration and Revenue Streams

Ethena isn’t just resting on its laurels. The project is expanding into DeFi with some smart moves:

• Partnerships Galore: Team-ups with Terminal Finance (boasting $134 million in TVL) and Pendle (offering up to 55.8x yield multipliers) are opening new doors. Terminal Finance, built for Ethena’s upcoming Converge Chain, is already a liquidity hub.

• Cash Flow: The protocol raked in $31 million in monthly fees, with more to come once exchanges like Binance and OKX list $ENA. Stakers of sENA (staked ENA) will get a slice of that pie when the Fee Switch kicks in.

Market Trends and Competitive Edge

Stablecoins are stealing the spotlight in 2025, with transaction volumes doubling Visa’s. Ethena stands out by offering a safer alternative to algorithmic stablecoins and a more profitable model than Circle’s approach. The upcoming Converge Chain promises better scalability and lower costs, which could attract even more users.

Is It Too Late to Buy $ENA?

The chart in the thread shows a recent price uptick, paired with soaring sentiment and mindshare. If you’re on the fence, the combination of institutional backing, supply management, and DeFi growth suggests $ENA has room to run. Of course, crypto is unpredictable, so it’s smart to do your own research (DYOR) before diving in.

What the Community Says

The thread sparked some lively reactions. @Gold_Cryptoz called $ENA their “biggest bag,” while @Zeanftw is hyped, saying it’s “just getting started.” Even skeptics like @SM9281651146231 are sticking to other tokens but still cheering the $ENA crowd.

Final Thoughts

$ENA’s rise in 2025 is backed by solid fundamentals—regulatory clarity, strategic buybacks, and a thriving DeFi ecosystem. Whether you’re a meme token fan or a serious blockchain practitioner, keeping an eye on Ethena could pay off. Head over to meme-insider.com for more updates on hot tokens like $ENA, and let us know your thoughts in the comments!

Disclaimer: This is not financial advice. Crypto investments carry risks—always invest wisely!