The initial buzz surrounding restaking protocols has cooled off, with Total Value Locked (TVL) stabilizing at $15 billion, down from its peak of $21 billion. Despite the dip, EigenLayer continues to dominate the market, holding over 80% of the total TVL. The initial restaking hype has settled, with TVL across restaking protocols stabilizing around $15B, down from its $21B peak. @eigenlayer continues to dominate, holding over 80% of the total. What do you think is next the restaking space? pic.twitter.com/4QEeGirch7 — IntoTheBlock (@intotheblock) September 24, 2024 EigenLayer is a pioneering platform that introduced the concept of Restaking, allowing users to
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