ENA’s token price rose 48% after the announcement of a $1 billion deal with FalconX. Despite the rally, overall altcoin market dominance has remained flat, indicating that broader altcoin season has not yet arrived.
ENA token jumps 48% on $1B FalconX deal; altcoin season delayed
ENA surged following a $1 billion deal with FalconX, though broader altcoin market dominance remains unchanged.
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Marcus Webb · Crypto Desk · 22 Aug 2026 · 10:40 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Marcus Webb
Crypto Desk
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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