In the RWA track, the ENA stablecoin is attracting more and more attention. As a token directly pegged to the US dollar, the uniqueness of ENA lies in its ability to break through the limitations of traditional banking systems, achieving true peer-to-peer value transfer. This means that users can complete fund transfers directly without any intermediaries, greatly improving transaction efficiency and autonomy.



This innovation coincides perfectly with the recently highly followed concept of the 'Genius Act'. The act aims to use peer-to-peer technology to eliminate geographical and regulatory barriers, allowing tokens to circulate freely on a global scale. As long as one has a smartphone and the dollar maintains its global universality, this convenient stablecoin has its irreplaceable application scenarios.

Currently, an increasing number of institutional investors are following and laying out plans in this field. The current price level may provide investors with a good entry opportunity. From a technical analysis perspective, the 4-hour chart of ENA shows that the third wave of accumulation has been completed, accompanied by a phase of rising. According to the market rule of 'third time's the charm', an accelerated upward trend may occur next.

Although there are other strong-performing tokens in the RWA track, such as ONDO, based on personal judgment, the development prospects of ENA are more promising. Currently, ENA accounts for 30% of my personal investment portfolio.

For investors interested in participating in this trend, closely following real-time market dynamics is crucial. It is essential to remain cautious and rational in investment decisions and to manage risks effectively in order to seize opportunities in this market filled with challenges.
RWA2.51%
ENA4.37%
ONDO5.35%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
NFTBlackHolevip
· 2h ago
The market is good, but it's a bit hurt.
View OriginalReply0
LuckyHashValuevip
· 2h ago
Who can tell me if ena's stability is reliable or not?
View OriginalReply0
SybilSlayervip
· 2h ago
The more you blow, the more outrageous it becomes. Stay alert.
View OriginalReply0
SelfStakingvip
· 2h ago
Let's talk when the market is big.
View OriginalReply0
ResearchChadButBrokevip
· 2h ago
Another bull run eyewash
View OriginalReply0
FreeRidervip
· 2h ago
It is recommended to closely observe the 4h Candlestick and manage risk well!
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)