Ethena Labs has launched its governance token, $ENA, and expanded its stablecoin, USDe. The launch has received attention and praise, despite controversy surrounding a misleading press release and concerns about the protocol's flaws. The coin has gained significant market capitalization and is now ranked as the 80th most valuable cryptocurrency.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.