2 hours ago
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Key Takeaways
- Ethena hit 5,057 daily active addresses on June 18, a 7-month high.
- New wallet creation reached 2,968, the highest since April 2024.
- ENA traded near $0.088, close to multi-month lows.
- Ethena joined the Avalanche Payments Collective the same day.
- Network activity is rising while price stays in a downtrend.
According to Santiment data, Ethena recorded 5,057 daily active addresses on June 18, its highest level since November 2025, a seven-month peak. On the same day, new wallet creation reached 2,968, the strongest network-growth reading since April 2024, a 26-month high. At the time of the spike, ENA was trading near $0.088, still close to multi-month lows despite the sudden jump in activity.
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