Here is my analysis. Stop looking at ETN from a strictly trading viewpoint, we need to break away from dependence on BTC and ETH.
Got to CMC and pull up ETN and then click markets. Now sort them by price. What’s at the top of the list? FIAT/ETN pairings are consistently at the upper range of price.
So all we need to do is get those volumes higher. How do we do that? By contacting merchants and asking them to accept ETN as a payment method because that is the markets that they will use to cash out and the mobile carriers also. If customers think it is a currency and merchants think it is a currency then it is a currency and will be compared to fiat currencies.