Rapid Growth In Re-Staking Ecosystem Led By Eigen Layer

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The Re-Staking ecosystem is experiencing rapid growth, with Eigen Layer at the forefront. As of June 14, 2023, Eigen Layer boasts a total value locked (TVL) of $15.03 billion, dominating the market with 69% of its TVL in WETH. Its early launch and successful $150 million fundraising have solidified its market position. A newcomer to the scene, Symbiotic, launched on June 11, 2024, has already raised nearly $1 billion in TVL. This meteoric rise is fueled by $5.8 million in fundraising, with WSTETH accounting for 74% of its TVL. The rapid growth of Symbiotic underscores its potential and the increasing

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