Ethena - Ethena App Update - 18 Apr 2025

Ethena's app update could lead to a price surge for ENA and SENA, as it allows users to onboard fiat directly and swap stablecoins to USDe. Bridging USDe to 22 chains enhances accessibility and utility, attracting more users. These updates simplify the overall transaction process, making Ethena's ecosystem more appealing to both new and existing users who want easier ways to handle digital currencies. Broadening the app's capabilities ties into value growth, as the user base might expand, potentially impacting the prices positively over time. sourceNew updates to the Ethena App:You can now:- onboard fiat directly- swap any stablecoin to USDe- bridge USDe to 22 supported chainsThe full life-cycle of fiat to internet money all within the same interface