Ethena USDe (USDE) is currently trading at $0.999011, reflecting a marginal 24-hour change of 0.00556%. The daily price range has been tight, with a high of $0.999887 and a low of $0.998627, indicating stability around the dollar peg typical for stablecoins.

The trading volume stands at 62,619,779, contributing to a volume-to-market cap ratio of 0.99%, which suggests high liquidity in the market. Short-term moving averages are flat, with the 8, 13, and 21 SMA all around $0.9992, signaling a lack of volatility in the immediate term.

The 1-hour RSI is at 55, indicating a neutral trend, while the 7-day RSI at 50 reflects a lack of momentum in either direction. Over the last week, USDE has seen a slight decline of approximately 0.0637%, but it has experienced a positive price change of 0.0322% over the past 14 days.

In the context of longer-term performance, the 30-day price change shows a decrease of about 0.0141%, reflecting some bearish sentiment in the last month. However, it is important to note that the all-time high of $1.034 reached in December 2025 suggests potential upside if market conditions improve.

Given the current price stability, low volatility, and strong liquidity, Ethena USDe appears to be maintaining its peg effectively. Therefore, with minimal risk of significant short-term price movements and a stable outlook, a Hold rating is appropriate for USDE, as it remains a reliable option for those seeking stability in their crypto portfolios.