Ethena Expands USDe to X Layer as ENA Price Eyes Bullish Reversal

Ethena is expanding access to its USDe stablecoin through X Layer and OKX Wallet, bringing its products to a wider group of users. The integration arrives as ENA traders assess the token’s resilience following recent market declines. Crypto analyst Bitcoin Meraklisi highlighted $0.1762 as a critical support level, suggesting that holding above it could open the way toward $0.29 and $0.44 for the ENA price. However, the bullish outlook depends on a sustained recovery and confirmation that the prevailing downtrend is weakening. According to Ethena, USDe is now live on X Layer and OKX Wallet.