Overview
- Kraken told followers USDe markets are “coming soon,” providing a fresh listing catalyst in U.S. regulated markets.
- ENA rose about 5% on Sept. 23 to roughly $0.61 after five straight daily declines across the broader crypto market.
- An on-chain wallet linked to StablecoinX bought 19.23 million ENA in roughly 15 hours, lifting its holdings to about 88.26 million tokens.
- USDe’s market capitalization stands near $14.4 billion, capturing roughly 4.5% of the estimated $300 billion stablecoin market.
- Spot trading volume fell around 21%–32% over 24 hours as futures activity rotated into new contracts and tightening Bollinger Bands pointed to potential volatility expansion.