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ENA is a synthetic dollar protocol based on Ethereum, offering a crypto-native solution for currencies that do not rely on traditional banking infrastructure, along with a globally accessible USD-denominated savings tool—“Internet Bonds.” According to market records, its early trading price was approximately $0.50.
Below are the price changes of ENA during the initial bull market phase:
2024
An investor who bought 10 ENA in 2024 and sold at the end of the year could have realized a potential profit of $76.
Bear Market Adjustment and Mid-term Market Cycle: Profit and Risk Analysis (2025 to 2025)
During this period, ENA’s price experienced a significant decline, falling from $0.878 at the start of the year to $0.2507 at year-end.
The potential profit/loss for investors purchasing 10 ENA during the bear market phase:
Recent Market Cycle: Should I Buy ENA Now? (2026 to Present)
Recently, ENA has continued its downward trend, and the market remains in an adjustment phase.
2026
The potential profit/loss for investors buying 10 ENA in 2026:
Conclusion: Bull, Bear, and Investment Timing Analysis
By analyzing ENA’s historical prices and potential returns, we see a continuous downward trend since its initial listing in early 2024. From a 152.54% return in 2024 to a -71.45% decline in 2025, and a -44.92% decline in 2026, the market is in a deep adjustment phase. Investors should carefully evaluate the current risk-reward ratio and decide whether to allocate based on their risk tolerance.