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Standard Chartered forecasts ENA could reach $2 by end of 2028
The bank expects ENA to rise on the back of USDe scaling eightfold and buybacks reshaping the token's value.
Standard Chartered is projecting that ENA could trade at $2 by the end of 2028, implying a gain of more than 600% from current levels, according to The Block.
The bank said the outlook depends on USDe scaling by eightfold and on buybacks that are expected to influence how ENA’s value develops as the token grows, The Block reported.
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