Ethena’s ENA Token Sees Potential Uptick Following Upbit Listing Amid Market Unlocks
The post Ethena’s ENA Token Sees Potential Uptick Following Upbit Listing Amid Market Unlocks appeared on BitcoinEthereumNews.com.
Upbit, South Korea’s largest cryptocurrency exchange, has listed Ethena’s native token ENA, triggering a significant 19.27% price surge. ENA is now available for trading against KRW, BTC, and USDT, with deposits supported exclusively via the Ethereum network. Despite large token unlocks in early July, ENA sustained an upward trajectory, reflecting Ethena’s rapid growth and strong market confidence. Upbit’s listing of Ethena’s ENA token sparks a 19.27% price jump, with trading pairs in KRW, BTC, and USDT amid robust protocol growth and token unlocks. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Upbit’s Strategic Listing Boosts Ethena’s ENA Token Performance Upbit’s recent announcement to list Ethena’s ENA token marks a pivotal moment for the project, expanding its accessibility to South Korea’s vast crypto market. The token is now tradeable against three major pairs: Korean Won (KRW), Bitcoin (BTC), and Tether (USDT), with trading commencing at 5:00 PM Korean Standard Time. This move aligns with Upbit’s ongoing strategy to diversify its asset offerings and capture growing demand for innovative DeFi tokens. Deposits and withdrawals for ENA are facilitated exclusively through the Ethereum network, underscoring the token’s ERC-20 standard compliance. Upbit has emphasized the importance of verifying the contract address—0x57e114B691Db790C35207b2e685D4A43181e6061—to avoid transaction errors. The exchange also noted that trading start times may shift if liquidity thresholds are not met, reflecting a cautious approach to market stability. ‘, ‘ 🔒 Secure and Fast…
