XRP Whale Activity Hits ATH Amid Price Rally
Explore our platform for exclusive crypto trading strategies and receive expert assistance with your cryptocurrency trades. Visit https://telegram.me/freebitmexsignals . Grayscale's addition of ENA to its DeFi Fund helped trigger Ethena's strongest network growth day in over three months. Ethena recorded its largest single day of network growth in more than three months on May 12, as the number of newly created wallets surged alongside a sharp rise in whale activity. In the meantime, whale transactions involving the ENA token also climbed to their highest level in five weeks. Network Activity and Whale Growth Crypto analytics platform Santiment linked the increase in activity to several major developments surrounding the protocol in the days leading up to May 12. For instance, asset management giant Grayscale Investments added ENA to its DeFi Fund with a 13.59% allocation, a move viewed as a major step toward institutional adoption. Santiment said the inclusion likely contribut...