The cryptocurrency market is showing signs of recovery, with Ethereum (ETH) climbing back above the $4,400 mark after hitting a low of $4,221 earlier today. This rebound has also seen several altcoins gain momentum, including Ethena (ENA). 7% up intraday, Ethena is trading in green and on-chain growth is signaling a potential for further upside in the coming days. The DeFi token has been catching attention with its unique yield-generation model, which combines Ethereum staking rewards while hedging against short ETH funding rates. Data shows Ethena stands as the second-highest fee-generating protocol over the last week, pulling in impressive $67.94 million in fees.