Arthur Hayes Invests Heavily in ENA Protocol, Signaling Potential for DeFi Growth

Crypto expert Arthur Hayes has made a significant investment in the Ethena protocol’s native token (ENA), signaling a potential shift towards decentralized finance (DeFi). His recent purchase of $1.46 million worth of ENA tokens adds to his already substantial portfolio, which now reaches over $11.258 million invested across various Ethereum ecosystem projects since August 10th. Hayes’ strategic moves suggest his belief in the long-term viability and scalability of DeFi protocols within the Ethereum network.