Ethena Coin (ENA) has experienced a significant price increase of 16.04% over the past 24 hours, now trading at $1.21. This surge follows the unveiling of Ethena’s 2025 roadmap, named “Convergence,” which aims to expand its presence in traditional finance.
The market capitalization is at $3.65 billion, and the 24-hour trading volume is $679.31 million, surging a staggering 66.33%.
The roadmap outlines Ethena’s plans to launch a new product called “iUSDe” next month. This product is designed to make it easier for traditional financial institutions to use sUSDe in a regulated manner by implementing stricter transfer restrictions.
Additionally, Ethena aims to develop applications within the Telegram and TON ecosystems, providing new use cases for sUSDe and offering users a mobile banking-like experience.
Ethena also announced the upcoming launch of its spot exchange, Ethereal, and an on-chain options protocol called Derive, set to be released in the next two weeks.
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