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Ethereum vs Ethena — ETH/ENA Comparison

Side-by-side market data for Ethereum and Ethena, updated continuously.

Ethereum (ETH) has a larger market capitalization than Ethena (ENA) — about 103.5× bigger. Ethereum is ranked #2 and Ethena is ranked #40 by market cap.

MetricEthereum (ETH)Ethena (ENA)
Price$2,304.10$0.2029
Market Cap$281.47B$2.72B
Rank#2#40
24h Change-2.42%+4.09%
7d Change-4.19%+7.51%
24h Volume$7.10B$387.46M
All-Time High$4,946.05$1.52
Circulating Supply122,161,275 ETH13,406,250,000 ENA

Performance: ETH vs ENA

PeriodETHENA
1 hour+0.29%-1.09%
24 hours-2.42%+4.09%
7 days-4.19%+7.51%
30 days-12.02%-15.38%
1 year-39.87%-59.19%

ETH vs ENA: The Analysis

Ethereum (ETH) and Ethena (ENA) sit at very different scales: Ethereum is ranked #2 with a $281.47B market cap, about 103.5× the $2.72B of Ethena (#40). A larger cap generally means deeper liquidity and lower volatility, not a better investment.

Over the past year, ETH is down 39.87% and ENA is down 59.19% — ETH has clearly led.

ETH trades 53% below its all-time high of $4,946.05, while ENA is 87% below its $1.52 peak — one gauge of how much each has recovered.

By use case, Ethereum is associated with Smart Contract Platform, Layer 1 (L1), and Ethena with Decentralized Finance (DeFi), Binance Launchpool — so they are not necessarily direct substitutes.

ETH to ENA Conversion

AmountEquivalent
1 ETH11355.7284 ENA
1 ENA0.00008806 ETH
10 ETH113,557.2838 ENA

Based on live prices: ETH $2,304.10, ENA $0.2029. A market exchange may differ.

Volatility & Drawdown

MetricETHENA
30-day volatility (annualised)——
All-time high$4,946.05$1.52
From all-time high-53.42%-86.65%

Volatility is the standard deviation of daily returns over the last 30 days, annualised. Higher means larger price swings. Not a measure of quality or risk-adjusted return.

Price Charts

Ethereum (ETH)
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Ethena (ENA)
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What is the difference between Ethereum and Ethena?

Ethereum (ETH) has a larger market capitalization than Ethena (ENA) — about 103.5× bigger. Ethereum is ranked #2 and Ethena is ranked #40 by market cap. Ethereum trades at $2,304.10 and Ethena at $0.2029. Ethereum is categorised under Smart Contract Platform, Layer 1 (L1).

Which is bigger, Ethereum or Ethena?

Ethereum is larger, with a market cap of $281.47B versus Ethena's $2.72B — roughly 103.5× bigger.

Which has performed better recently?

Over the last 7 days, ETH is down 4.19% and ENA is up 7.51%. Over a full year, ETH is down 39.87% versus down 59.19% for ENA. Past performance does not predict future results — this is not financial advice.

How many ENA is 1 ETH worth?

At current prices, 1 Ethereum is worth about 11355.7284 ENA, and 1 Ethena is worth 0.00008806 ETH (ETH $2,304.10, ENA $0.2029).

Could Ethena overtake Ethereum's market cap?

For Ethena to reach Ethereum's current $281.47B market cap, its price would need to rise about 103.5× to roughly $21.00 per ENA (at today's supply), with Ethereum staying flat. That is a hypothetical, not a prediction.

Is Ethereum a better investment than Ethena?

We don't give investment advice and can't say which is "better" for you — it depends on your own research, goals and risk tolerance. The data above compares their size, performance, volatility and use case so you can judge for yourself. Crypto is high-risk; see our disclaimer.

Ethereum data · Ethena data · Information only — not financial advice. A larger market cap does not mean a better investment.