Ethena (ENA) is gaining attention from crypto analysts for its potential to break into the top 10 cryptocurrencies. Analyst Not Telling highlights Ethena's innovative stablecoin-as-a-service model, which addresses persistent issues in the stablecoin sector. This model allows partners to launch their own stablecoins using Ethena's infrastructure, enhancing liquidity and yield opportunities. Early adopters of this solution include MegaETH Labs, Sui Network, and Jupiter Exchange. The project has further bolstered confidence with a $25 million ENA buyback, underscoring its commitment to long-term growth. Ethena's strategic moves and partnerships are positioning it as a significant player in the cryptocurrency market.