Ethena (ENA) Surges 25% After New Pendle Finance Integration Goes Live

• The price of Ethena’s ENA token has surged over 25% in the last 72 hours
• The rally was sparked by the integration of its USDe stablecoin with Pendle Finance
• An analyst has spotted a “bull flag” on the chart, with a potential price target of $1.50

ENA, the native token of the synthetic dollar protocol Ethena, has surged over 25% after its stablecoin, USDe, was integrated with Pendle Finance’s yield-boosting looping mechanism. The move appears to have strong backing from large holders, or “whales,” who are capitalizing on the new, higher yields.

Sound familiar? This isn’t the first time a major integration has sent ENA flying. Here’s our past report on what happened when Aave added support for USDe.

Ethena is now live on HyperEVM

sUSDe (25 Sep '25) with 30x Sats

Earn fixed yield on @ethena_labs assets directly within your favourite chain, with deeper Pencosystem integration just around the corner. pic.twitter.com/TQYHN1kQJr

— Pendle (@pendle_fi) August 7, 2025

Ethena-Pendle collaboration and a 25% ENA rally

Ethena went live on HyperEVM last Thursday, receiving immediate support from the Ethena ecosystem. The innovation’s adoption is having a positiv…

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