EigenLayer eyes consumer adoption post EIGEN unlock, founder says
The restaking protocol will start by targeting crypto-native apps, with EigenDA serving as a “beachhead” for onboarding, Sreeram Kannan said. Go to Source
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Ethereum price falls 12% in 2 days — Are investors running out of reasons to hold ETH?
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
LayerZero Labs, Eigen Labs raise the stakes on cross-chain transactions
The two firms have co-developed the Cryptoeconomic DVN Framework, bringing more security to decentralized networks through economic incentives. Go to Source
What is EigenLayer? Ethereum’s restaking protocol explained
With EigenLayer, restakers earn additional rewards, while developers get access to Ethereum’s robust security with less investment. Go to Source
EIGEN Token Enters the Crypto Scene, Sees Early Gains and 12% Price Drop
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 EIGEN cracks top 100 market rank in trading debut
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
Restaking is growing like crazy… but it could crash and burn
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 unlock looms, futures tip a $6.8B FDV
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
EigenLayer’s TVL Declines As Restaking Hype Settles, But Liquidity Remains Strong
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, … Read more
Restaking will spark the next big rush of money into crypto
Platforms including EigenLayer, Symbiotic and Karak are charting new territory on the frontier of restaking. Go to Source
