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Ethena Price Jumps 20% as Coinbase Backs ENA: Here’s the Details

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By on June 3, 2026 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Ethena Price Jumps 20% as Coinbase Backs ENA: Here’s the Details appeared first on Coinpedia Fintech News

Ethena (ENA) has emerged as one of crypto’s strongest outperformers at a time when Bitcoin, Ethereum, and major altcoins remain under heavy selling pressure. While the broader market bleeds, ENA price surged nearly 20% in 24 hours, fueled by Coinbase’s surprise backing and growing optimism around Ethena’s role in on-chain finance. The rally has pushed …

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