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Ethena surges as buyback vote, VC unlock overhaul boost token outlook
Published Source: CoinDeskRead original
Crypto Insight Summary: The changes aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth. Crypto Insight Analysis: Direction: Bullish ENA Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Buyback vote and VC unlock changes reduce selling pressure, boosting sentiment.