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Arthur Hayes: As stablecoins expand, ETHFI and ENA will rise 34 and 51 times, respectively

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2025-08-28 06:25:53
Former BitMEX CEO Arthur Hayes predicted that two tokens - Ether.fi's ETHFI and Ethena's ENA - have huge potential gains.
Ether.fi (ETHFI): Hayes' forecast is based on Ether.fi Cash, a credit card product in partnership with Visa. He believes the global commercialization of the product will significantly increase its deposit-based revenue model, driving up the price of ETHFI by a factor of 34.
Ethena (ENA): Ethena's stablecoin USDe is rapidly gaining market share through its derivatives arbitrage mechanism. Hayes believes that if USDe's market share expands to 25%, the price of ENA tokens could increase by a factor of 51.
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