Ethena's price surged 13% to approximately $0.10 following the launch of a new liquidity pool on Hyperion, which offers a 59% annual percentage yield (APY) and has attracted $11 million in total value locked (TVL). This development coincided with a bullish divergence on the daily chart, where whale holders increased their positions by 18.62% in 24 hours, indicating strong buying pressure. Despite the recent rally, Ethena remains down 48% over the past three months, and the price faces a critical resistance level at $0.13. Breaking this level is essential for a sustained uptrend, as multiple attempts have failed since early February. The recent price action shows potential selling pressure, with long wicks on the current candle suggesting profit-taking may hinder further gains.