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The Ethena price has risen 10% in the last 24 hours to trade at $0.8124 as of 7:07 a.m. EST on a more than 7% surge in trading volume to $1.68 billion.
Ethena Price Eyes 64% Extra Gains After Soaring 10%
The chart shows a 3-day view of ENA/USD, with a 50-period SMA (Simple Moving Average) curving like a smooth wave, cutting through the price several times.
The price broke through a critical neckline around $0.39, a key support-turned-resistance zone. However, there is a larger double bottom pattern forming, and the price is approaching the neckline of this larger structure, around $1.32. To that level, ENA eyes 64% additional gains from here.
If ENA breaks above that with some serious volume, it could see a rally toward $8.3, which is an 880% surge from here. The recent breakout from the smaller double bottom neckline suggests bulls are waking up, ready to push ENA higher.
ETHENAUSD Analysis Source: Tradingview
Zooming into the indicators, the Relative Strength Index (RSI) sits at 77.83, flirting with overbought territory. Usually, that’s a red flag, but in a strong uptrend, it’s more like an overclock, driving the price action into higher volatility.
The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the signal line (orange) slicing below the MACD line (blue), indicating strong momentum. ENA might be gearing up for a breakout.
If bears take charge, the ENA price could retrace to $0.377. Below that, it could flip the script to bearish. The 50 SMA is acting as dynamic support around $0.377, adding a safety net. Additionally, the overbought RSI could trigger a pullback to $0.53 if profit-taking kicks in.
Bitcoin Hyper: The Speed Boost Bitcoin’s Been Waiting For
Even as the Ethena price targets a previous yearly high, investors tired of the slow Bitcoin network are flocking to a new project called Bitcoin Hyper (HYPER) that is still in the presale stage.
If you’ve ever waited ages for a Bitcoin transaction to clear while sipping your coffee, you’re not alone. Bitcoin’s rock-solid security is legendary, but its snail-paced speeds? Not so much.
Enter Bitcoin Hyper, a fresh Bitcoin-themed token that’s shaking things up as the first real layer-2 powerhouse for the Bitcoin network. It’s like giving your old, reliable truck a turbo engine – same tough build, but now it zooms.
Launched earlier this summer, Bitcoin Hyper is all about fixing Bitcoin’s bottlenecks. Built on the Solana Virtual Machine (SVM), it cranks out thousands of transactions per second, leaving Bitcoin’s usual 7 TPS in the rearview.
That means lightning-fast sending and receiving, dirt-cheap fees, and room for cool stuff like decentralized apps (dApps), DeFi tools, and even more meme coins.
$HYPER is on the Moon! 🌕
8M Raised! 🔥 pic.twitter.com/7ZskFBsFgd
— Bitcoin Hyper (@BTC_Hyper2) August 9, 2025
The project is secured by Bitcoin’s base layer (L1) for that unbreakable trust, using a decentralized Canonical Bridge to shuttle assets back and forth seamlessly. Developers love it too because they can deploy Solana-style smart contracts right on Bitcoin’s ecosystem without the headaches.
HYPER Presale Nears $10M, Act Now To Get The Best Deal
Investors are jumping in feet first as the presale just blasted past $8.3 million. Popular crypto analyst and YouTuber TodayTrader, who has over 13K subscribers, believes HYPER could turn investors “into crypto millionaires in 2025.”
Early investors can stake their HYPER for a lucrative 130% APY from the 5% token allocation set aside for it. The total supply is capped at 21 billion, mirroring Bitcoin, with 20% allocated to the presale and 30% for ongoing development.
Right now, HYPER is going for about $0.012625 apiece, and you can buy with ETH, USDT, BNB, or even a credit card.
HYPER price hikes occur in stages, so interested investors should act fast before the next jump in about 22 hours.
Visit the Bitcoin Hyper website.
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