StablecoinX is trading at $14.89, up 5.23% from the October 2 close of $14.15 in pre-market. The significant price movement is primarily driven by the permanent waiver of ENA lock-up restrictions becoming effective today, October 5, 2026. - This waiver permanently removes lock-up, vesting, and unlocking restrictions on StablecoinX's ENA holdings, which constitute approximately 20% of ENA's total supply. - While disposals remain subject to Ethena Foundation consent, this event aligns StablecoinX's ENA tokens with the release schedule of other ENA holders. - Broader crypto-market gains are minor in comparison, with Bitcoin and Ethereum up only 0.89% and 0.88% respectively since the prior close.