ENA, the native coin of the Ethena ecosystem, is down by 3% in the last 24 hours, dropping below the $0.080 level. The bearish performance comes despite Ethena announcing a new partnership with global asset manager Janus Henderson that includes a strategic investment in the protocol’s governance token, ENA. The collaboration highlights growing institutional interest in decentralized finance (DeFi) infrastructure and tokenized real-world assets. However, technical indicators suggest that ENA remains bearish and could record further downward pressure in the near term. Janus Henderson invests in ENA Ethena announced via X on Tuesday that it will support the distribution of Janus Henderson’s tokenized collateralized loan obligation (CLO) funds. https://twitter.
Source: Read the original article
