Ethena Labs Surges to Third in Crypto Fee Rankings with $4.85M in 24 Hours

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Derived from Cryptofrontnews, Ethena Labs' ENA token generated $4.85 million in fees over 24 hours, placing the project third on the crypto fee leaderboard. Tether and Circle remained the top two, with fees of $23.5 million and $7.91 million, respectively. The surge in ENA's fees reflects increased user activity and liquidity shifts, driven by token events and smart contract interactions.

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