Crypto Briefing • Appeared October 7th 2026 11:10 am
Standard Chartered forecasts Ethena’s ENA token to reach $1.10 by 2027
Standard Chartered's forecast for ENA highlights the growing influence of traditional finance in crypto, potentially boosting market credibility.
Our Summary:Standard Chartered has set a bold price target for Ethena's ENA token, predicting it will reach $1.10 by the end of 2027. The bank's forecast is based on its synthetic dollar strategy, USDe, which aims to generate yield while taking offsetting positions in perpetual futures. The target relies on USDe supply exceeding $7.5 billion, triggering a 95% buyback of ENA.
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