Coinbase just bought Ethena tokens and is about to expose them to 100 million users — accumulate ENA before the launch
Coinbase's investment arm just bought Ethena tokens on the open market, and Ethena is about to launch a savings-style product that will be available to all 100 million Coinbase users starting next week.
Idea
When a major exchange like Coinbase puts its institutional weight behind a token and then opens it up to 100 million retail users, demand can spike dramatically. Coinbase Ventures didn't just announce support — they actually bought the token themselves, which signals real conviction. The savings product launch next week gives a specific deadline for when new buying pressure could flood in. Historically, tokens that get broad Coinbase integrations see heavy trading volume in the days surrounding launch. The key risk is that the token has already moved on the news, so waiting for a short pullback before entering may offer a better entry.