EIGEN (EigenLayer) rose 2.62% in the last 24 hours

Gate News Bot news, on October 15, according to CoinMarketCap, as of the time of writing, EIGEN (EigenLayer) is currently priced at $1.34, with a rise of 2.62% in the last 24 hours, reaching a high of $1.85 and a low of $0.63. The 24-hour volume reached $127 million. The current market capitalization is approximately $516 million, an increase of $13.2 million compared to yesterday.

EigenLayer is a platform for building verifiable applications that allows users to ensure the security of off-chain computations using EigenLayer. Currently, there are 161 AVS projects under development. The platform also provides AVS infrastructure operation services, where users can earn rewards by validating verifiable services, having paid out a total of $117 million in rewards to date. EigenLayer also supports multi-asset staking, allowing users to stake assets like ETH and EIGEN to earn yields, with a total locked value of $13.01 billion. In addition, EigenLayer offers a data availability service called EigenDA, which achieves a throughput of 50MB/s.

Important news about EIGEN recently:

1️⃣ EIGEN token successfully listed, strong performance on the first day The EIGEN token was officially listed for trading on October 1, with a market capitalization of $651 million on its first day. This listing has injected new vitality into the EigenLayer ecosystem, attracting more attention from investors and users, and is conducive to promoting the further development of the platform and the expansion of application scenarios.

2️⃣ EigenLayer ecosystem introduces Bitcoin re-staking function Lombard Odier Investment Managers has partnered with Eigen Foundation to introduce the Bitcoin re-staking feature into the EigenLayer ecosystem. This initiative is expected to increase the total locked value of EigenLayer while providing new earning opportunities for Bitcoin holders, further expanding the user base and application range of EigenLayer.

3️⃣ Eigen Labs undergoes organizational restructuring Recently, Eigen Labs announced a restructuring to optimize resource allocation and improve operational efficiency. Although this may have a certain impact on the company in the short term, in the long run, it is beneficial for the sustainable development of the EigenLayer project and the enhancement of its core competitiveness.

From a technical perspective, the EIGEN token has recently shown a pump trend, having reached a three-month high. This may be related to the market's positive expectations for the development prospects of the EigenLayer ecosystem. However, investors still need to closely monitor the project's long-term development and the overall market trend.

This message is not an investment advice, and investors should be aware of market volatility risks.