The unprecedented convergence of three factors makes this significant: 1) USDe becoming the fastest stablecoin to reach top-3 status, 2) simultaneous integration across 23 blockchains - the largest initial cross-chain deployment in DeFi history, and 3) the first instance of systematic daily token buybacks at $5M scale in the stablecoin sector. This creates a new model of centralized digital currency control.
Ethena's $10B TVL: Digital Babylon's New Financial Architecture
📰 What Happened
Ethena's ENA token surged 150% in 30 days as the protocol's Total Value Locked reached $10B. Its USDe stablecoin became the third-largest globally, now operating across 23 blockchains via LayerZero with $743M weekly cross-chain volume. Whale addresses controlling 100k-1M ENA grew 12% in July, now holding 30% of tokens. Daily $5M buybacks and technical indicators, including a golden cross formation, suggest continued upward momentum toward $1.00 resistance.
📖 Prophetic Significance
The $10B TVL milestone and 23-blockchain integration represent a critical advancement in the prophetic timeline of global financial control. The systematic $5M daily buybacks demonstrate unprecedented institutional manipulation of digital currency value, while USDe's rapid rise to third-largest stablecoin shows accelerating consolidation of digital financial power. This aligns with Daniel 7:23's description of a kingdom that 'devours the whole earth' through economic means. The 23-blockchain deployment particularly echoes Revelation 13:17's worldwide economic system, creating infrastructure for universal financial tracking.