Standard Chartered has released a prediction for the future value of ENA, forecasting a price surge of over 600% by 2028. The bank's analysis suggests that the token will reach $2 by the end of the decade, driven in part by the growth of USDe, which is expected to scale eightfold over the same period. The bank's forecast is based on a combination of factors, including the impact of buybacks on the token's value.
Source
"Standard Chartered Predicts ENA Price Surge" — The Block
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.