Ethena Leads Tokenized Fund DeFi TVL Growth With ENA Price Breakout in Sight

Ethena leads tokenized fund DeFi growth, highlighting rising activity across its ecosystem. Meanwhile, the ENA price chart is forming a falling wedge pattern after an extended downtrend. Crypto analyst Crypto With Gopal expects a potential bullish reversal if buyers break above key resistance. A confirmed breakout could strengthen the recovery outlook, while continued selling pressure may delay the reversal. According to the RWA Foundation, Ethena recorded the largest increase in tokenized fund DeFi total value locked (TVL) over the past 24 hours, adding approximately $32.6 million. The increase placed Ethena significantly ahead of other issuers.