Ethena and NEAR Protocol continue growth amid institutional investor interest
USDE StableCoinX Inc
$12.30 -3.83%
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- 1Ethena holders approved a plan to use profits for coin buybacks once the USDe circulating supply reaches the target of $7.5 billion.
- 2Jeff Kendrick predicted Ethena will rise 75% to $0.42 by the end of 2026 and reach $2 by the end of 2028.
- 3Bitwise projected that the NEAR price will reach $155 in its 2030 base case.
So what's the key point?
Ethena decided to use its profits to buy back coins once the coin supply reaches $7.5 billion. Jeff Kendrick expects Ethena to rise to $2, and Bitwise expects NEAR to reach $155.
Source The Motley Fool +1 · View original ↗
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