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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
What makes Ethena's $3.1B growth in under 20 days even more impressive is it unfolded against a backdrop of modest ETH funding rates.
Following a fee switch aligning revenue to ENA, and markets turning frothy, ENA becomes an extremely reflexive asset.
31.7.2025
USDe supply is up $3.1 billion in <20 days, with more inflows than:
-all BTC ETFs combined
-every BTC ETF including IBIT
-every ETH ETF including ETHA
And rates aren't even near froth yet
@0xSharples @smyyguy
I will not go down without a fight
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