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ENA caught attention this week with institutional interest heating up. The token rallied +2.3% over 24 hours, defying broader market weakness despite sitting down -25% over the past month.
Notable whale activity emerged as major traders accumulated positions, with significant buys signaling renewed confidence in the DeFi narrative. On the technical side, RSI hovering around 34 suggests oversold conditions—classic setup for potential bounce plays.
What's fueling the optimism? Mantle Vault integration just went live. This upgrade strengthens the utility case for USDe and opens up fresh yield opportunities for liquidity providers. For traders watching DeFi movements, this combo of institutional accumulation + protocol upgrades + beaten-down technicals deserves monitoring.