In 2026, the crypto market is expected to usher in a new bull cycle, and Ethena's role may be more important than you think. According to multiple analysis platforms, ENA Coin’s potential target price in 2026 can reach the range of US$1.5 to US$2, about 4 times the current price. These factors will drive ENA prices to soar: 1. Continuously expanding DeFi market and stablecoin demand. As traditional finance gradually goes on the chain, a large amount of funds will pour into the decentralized market, and the demand for innovative stablecoins such as USDe is bound to surge, further increasing the value of ENA as a core token. 2. Ethena's technology roadmap is gradually implemented According to the project plan, Ethena will expand multi-chain deployment, enhance the DAO governance model in the next two years, and integrate more DeFi protocols to further improve the utility and value capture capabilities of tokens. 3. Cross-platform applications bring additional demand. As more and more DEX and DeFi products support ENA, token demand may no longer be limited to native platforms, forming additional price thrust. If the technology and ecological expansion plans can be successfully implemented, coupled with the bull market funding, it will become a reality to break through $1.5 or even higher in 2026. $ENA