Ethena Launches Pay App on Avalanche With Tiered Rate Up to 6%

Crypto Insight Summary: The iOS beta starts with 400 users, while official terms cap boosted balances and put cashback at up to 5% — not 10%. Crypto Insight Analysis: Direction: Bullish AVAX Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: New app launch on Avalanche may drive short-term user activity and liquidity.