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 answers the key question, “Should I buy ENA now?” to help both beginners and long-term investors grasp the timing and growth potential.

Beginning of Bull Market and Early Market Cycle: Historical Price Review (2024 to 2024)

Ethena is a synthetic USD protocol based on Ethereum. According to CoinMarketCap, its early trading price was approximately $0.5.

Below are the price changes of ENA during the early bull market phase:

2024

• Opening Price: $0.5
• Closing Price: $1.26
• Highest Price: $1.26
• Lowest Price: $0.2127
• Annual Return: 152.54%

An investor who bought 10 ENA during the early bull market in 2024, if sold today, would have a potential loss of -$2.641.

Bear Market Adjustment and Mid-Phase Market Cycle: Return and Risk Analysis (2025 to 2025)

During this period, ENA’s price experienced a significant decline, with the market undergoing a clear correction.

The potential returns for an investor purchasing 10 ENA during the bear market phase are:

• 2025: -$6.421

Recent Market Cycle: Should I buy ENA now? (2026 to present)

Recently, ENA’s price has remained relatively stable.

2026

• Opening Price: $0.2359
• Closing Price: $0.2359
• Highest Price: $0.2359
• Lowest Price: $0.2359
• Annual Return: 0.0%

The potential returns for an investor buying 10 ENA during this period are:

• 2026–present: $0

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

By analyzing ENA’s historical prices and potential returns, we can see a continuous downward trend since the peak in 2024. Investors should carefully evaluate whether the current stage is suitable for deployment.