Ethena - the cryptocurrency rallied on news about the development of its synthetic stablecoin USDe. Specifically, the company incorporated BTC as backing into its synthetic dollar-pegged offering.
Nervos Network - the cryptocurrency spiked higher amid a broad-based recovery in the cryptocurrency market. Over the past week, the bitcoin price advanced more than $7k.
Bitget Token - the token retraced to its ATH against the backdrop of cascading liquidations of short positions.
Mantle - cryptocurrency headed north on the back of technical factors. The price action broke above resistance levels amid rising trading volumes.
Pendle - this altcoin has moved higher due to an increase in the project’s TVL to $4 bln (up 1500% YTD). Trading volume on the platform reached $10.5 bln.
