Ethena Wallet Growth Hits a 26-Month High on Payments Push

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Rommie Analytics

Key Takeaways

  • Ethena hit 5,057 daily active addresses on June 18, a 7-month high.
  • New wallet creation reached 2,968, the highest since April 2024.
  • ENA traded near $0.088, close to multi-month lows.
  • Ethena joined the Avalanche Payments Collective the same day.
  • Network activity is rising while price stays in a downtrend.

According to Santiment data, Ethena recorded 5,057 daily active addresses on June 18, its highest level since November 2025, a seven-month peak. On the same day, new wallet creation reached 2,968, the strongest network-growth reading since April 2024, a 26-month high. At the time of the spike, ENA was trading near $0.088, still close to multi-month lows despite the sudden jump in activity.

Santiment acive address data for Ethena, for 18.06.2026

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