According to CoinMeta, Standard Chartered Bank has announced its first coverage of ethena and its native token ena. It is expected that the price of the ena token will rise to $2 by the end of 2028. Standard Chartered Bank stated that ethena's yield-oriented stablecoin USDE is one of the stablecoins with the fastest market value to reach $10 billion and is expected to benefit from the development of perpetual contracts, tokenization, and the stablecoin market, as well as from the newly launched repurchase program of ethena.