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Justin Sun recently acquired 3.62 million $EIGEN tokens from EigenLayer’s unlocked supply, valued at $14.1 million, and swiftly deposited them into Binance at an average price of approximately $3.89. Since EigenLayer’s listing on October 1, Sun, through his handle @justinsuntron, has accumulated a total of 8.86 million $EIGEN tokens, amounting to $35.61 million, at an … Read more
While $EIGEN may currently be experiencing low market sentiment, several promising indicators suggest the project has long-term potential. Despite the sluggish market, the network has continued to onboard new operators throughout the year. The number of active operators has steadily grown to 146, signaling sustained belief in the project’s future. Is Mindshare Always a True … Read more
The restaking protocol will start by targeting crypto-native apps, with EigenDA serving as a “beachhead” for onboarding, Sreeram Kannan said. Go to Source
Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum’s price downside. Go to Source
The two firms have co-developed the Cryptoeconomic DVN Framework, bringing more security to decentralized networks through economic incentives. Go to Source
With EigenLayer, restakers earn additional rewards, while developers get access to Ethereum’s robust security with less investment. Go to Source
On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging hands for $4.30 per unit. EIGEN Token Hits Crypto Market A new contender has … Read more
EigenLayer’s native token unlocked at 5:00 am UTC on Oct. 1 and has been trading at just under $4 per token, or around a $6.5 billion fully diluted value. Go to Source
Users are flocking to yield farm restaking protocols, but poor risk management and due diligence is a ticking time bomb. Go to Source
EigenLayer’s EIGEN token is scheduled to unlock at 5:00 a.m. UTC on Oct. 1 and will start trading on exchanges such as Binance soon after. Go to Source
