The Ethena protocol has experienced impressive growth in 2024, particularly in the supply of its stablecoin, USDe. Beginning the year with a supply of 1.3 billion, USDe’s supply has surged to 3.5 billion by July. This remarkable increase highlights the protocol’s promise of high returns to its users. The rise in active addresses for USDe, ENA, and SUDE further underscores Ethena’s growing popularity. USDe’s active addresses skyrocketed from just 8 in January to 3,834 by April 10, 2024. This surge indicates a significant rise in interest and adoption of the Ethena protocol. #ENA (#ETHENA) Temel Metriklerin İncelenmesi: Ethena protokolü, stabilcoini
The post Ethena Protocol Surges In Stablecoin Supply And User Adoption appeared first on The Merkle News.
