Standard Chartered projects significant growth for ENA and USDe
2026-10-06
Standard Chartered has released a report forecasting substantial upside for ENA tokens and significant scaling for USDe. The bank anticipates ENA could reach $2 by the end of 2028, driven by token buybacks and the growth of the USDe stablecoin.
VERA Brief
AI-generated. Grounded in the article and its cited sources.
Standard Chartered projects substantial growth for ENA tokens, forecasting a potential upside of over 600% and a price of $2 by the end of 2028. This projection is linked to the growth of the USDe stablecoin and the impact of token buyback programs.
Key facts
- Standard Chartered forecasts ENA tokens could reach $2 by the end of 2028.
- The growth of the USDe stablecoin is a key factor in the ENA projection.
- USDe is expected to reach $40 billion in market capitalization by 2028.
- Token buyback programs are highlighted as influencing ENA's value.
Source: The Block
Reported by VERA Newswire.
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