Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
ENA Historical Price and Return Analysis: Should I buy ENA now?
Summary
This article provides a comprehensive review of the historical prices and market fluctuations of ENA since its inception, combining data from bull and bear market phases to evaluate the potential returns for investors purchasing 10 ENA tokens. It also addresses the key question, “Should I buy ENA now?” to help both beginners and long-term investors grasp timing and growth opportunities.
Early Market and Initial Cycles: Historical Price Review (2024 to 2024)
ENA is a synthetic USD protocol based on Ethereum, offering a crypto-native solution for currencies that do not rely on traditional banking infrastructure. According to market records, its early trading price was approximately $0.5.
Below are the price changes of ENA during the initial market phase:
2024 Year
An investor who bought 10 ENA at the beginning of 2024 and sold at the end of the year could have realized a potential profit of $7.6 (from $5 to $12.6).
Market Adjustment and Mid-term Cycle: Profit and Risk Analysis (2025 to 2026 to date)
During this period, ENA’s price experienced a significant decline, influenced by market correction and the overall trend of crypto assets.
Below is the potential profit scenario for an investor purchasing 10 ENA during this phase:
2025 Year
2026 Year (to date)
Opening Price: $0.2284
Closing Price: $0.2138
Highest Price: $0.2284
Lowest Price: $0.2138
Year-to-date Return: -6.39%
2025 Return: -$6.642 (cumulative loss from buying 10 ENA)
2026 to date Return: -$0.146
Overall Investment Return Analysis
From purchasing 10 ENA at $0.5 in early 2024 to now in 2026, the cumulative loss is -$2.862 (based on accumulated data at this point). This reflects the market characteristic of ENA’s strong initial rally followed by a prolonged correction phase.
Summary: Bull, Bear Markets and Investment Timing Analysis
By analyzing ENA’s historical prices and potential returns, we see that after a strong surge in 2024, the asset entered a deep correction cycle. Investors should carefully evaluate the current market conditions, recognize that ENA is still under downward pressure, and fully understand market risks and project fundamentals before making a purchase decision.