ENA Historical Price and Return Analysis: Should I buy ENA now?

Summary

This article provides a comprehensive review of ENA’s historical prices and market fluctuations since its inception. Combining data from bull and bear market phases, it evaluates the potential returns for investors purchasing 10 ENA tokens and answers the key question, “Should I buy ENA now?” to help both beginners and long-term investors understand timing and growth opportunities.

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

Ethena is an Ethereum-based synthetic USD protocol offering a crypto-native currency solution that does not rely on traditional banking infrastructure, along with a globally accessible USD-denominated savings tool—“Internet Bonds.” Records show that ENA’s early trading price was approximately $0.50.

Here are ENA’s price changes during the initial bull market phase:

2024

• Opening Price: $0.50
• Closing Price: $1.26
• Highest Price: $1.26
• Lowest Price: $0.2127
• Annual Return: 152.54%

An investor who bought 10 ENA in 2024 and sells today would see a potential loss of -$3.9831.

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

During this period, ENA’s price experienced a significant decline, showing a clear bear market correction.

Potential returns for investors purchasing 10 ENA during the bear phase:

• 2025: -$7.7631

2025

• Opening Price: $0.878
• Closing Price: $0.2507
• Highest Price: $0.878
• Lowest Price: $0.2082
• Annual Return: -71.45%

Recent Market Cycle: Should I Buy ENA Now? (2026 to Date)

Recently, ENA has continued its downward trend, with market risks remaining high.

2026 to Date

• Opening Price: $0.2284
• Closing Price: $0.10169
• Highest Price: $0.2284
• Lowest Price: $0.10
• Year-to-Date Return: -55.48%

Potential returns for investors buying 10 ENA during this period:

• 2026 to date: -$1.2671

Summary: Bull, Bear, and Investment Timing Analysis

Analyzing ENA’s historical prices and potential returns reveals that after an initial rise in early 2024, ENA has experienced a sustained decline, currently in a deep bear market phase. Investors should carefully assess current risks, as purchasing ENA at this stage involves significant market downside risks.