StablecoinX is trading at $3.10, up +5.80%, extending its August 14, 2026 rally after reporting approximately 3.0 billion ENA tokens valued at $218.4 million at quarter-end.
- The report disclosed a $34.18 million net loss, driven largely by a $36.2 million impairment, leaving mixed fundamentals despite substantial Ethena exposure.
- BTC and ETH are up only 1.14% and 0.98%, respectively, since the last close, making crypto strength supportive but insufficient to explain the full move.