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Standard Chartered Forecast: ENA to Reach $2 by 2028

ENA Token Growth Forecast to $2 by 2028

Standard Chartered forecasts the ENA token to reach $2 by the end of 2028 amid expected expansion of the USDe stablecoin issuance.

Valuation Dynamics

  • 2026: $0.42
  • 2027: $1.10
  • 2028: $2.00

The bank expects USDe issuance to grow from the current ~$4.9 billion to $40 billion. Ethena plans to direct 95% of net revenue towards buying back ENA tokens.

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