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Solana’s Jito staking pool exceeding $100M in monthly tips: Kairos Research

More than 93% of Solana's validators use Jito's software for MEV, according to Jito Labs.

Solana staking pool Jito clocked monthly revenues from priority fees and tips of more than $100 million in November and December, according to a Dec. 26 note from Kairos Research, a cryptocurrency researcher. 

In 2024, Jito’s validators scaled tip revenues by an average of 32% each month, Kairos said. Monthly income peaked in November at approximately $210 million. 

Jito’s growing tip revenues reflect the Solana network’s surging popularity. They also flag validators’ rising earnings from prioritizing certain transactions over others, a practice known as Maximum Extractable Value (MEV).

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Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

EigenLayer to upgrade restaking rewards

The upgrades are designed to bring greater flexibility to EigenLayer's restaking ecosystem.

EigenLayer, Ethereum’s largest restaking protocol, is upgrading its rewards program to grant more flexibility to protocols and restakers, according to a Dec. 6 blog post. 

The changes let third-party protocols using EigenLayer — dubbed actively validated services (AVSs) — distribute rewards to validators based on performance. They also let validators, or “operators,” set fee rates independently, EigenLayer said.

The upgrades are “designed to bring greater flexibility, efficiency, and customization to rewards within the EigenLayer ecosystem,” the restaking protocol said in a Dec. 6 post on the X platform.

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Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

Consensys decentralized Infura launches as EigenLayer AVS

The decentralized Web3 marketplace will leverage EigenLayer’s infrastructure to improve accessibility and reduce development costs. 

Consensys Ethereum validator node provider Infura said it’s made significant progress in its Decentralized Infrastructure Network (DIN), announcing plans to launch as an Actively Validated Service (AVS) on Ethereum restaking platform EigenLayer.

“By leaning on Ethereum’s economic security through EigenLayer, we continue to build on DIN’s steady progress creating a Web3 permissionless marketplace for infrastructure services,” said head of product for Infura DIN, Tom Hay, in an announcement made at Devcon 2024 in Bangkok on Nov. 14.

DIN is a decentralized Web3 API marketplace, or decentralized “app store” for blockchain infrastructure, which provides a new way for developers to connect to Ethereum and other leading blockchains. It currently operates across multiple networks, including Blast, Mantle, Starknet, ZKsync, BNB Smart Chain and Scroll.

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Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

Analyst Says Low-Cap Ethereum-Based Altcoin Is Looking Exceptionally Strong, Updates Outlook on Aave and Pepe

Analyst Says Low-Cap Ethereum-Based Altcoin Is Looking Exceptionally Strong, Updates Outlook on Aave and Pepe

A closely followed crypto analyst believes that one Ethereum (ETH) restacking protocol is starting to look extremely bullish. Pseudonymous analyst Altcoin Sherpa tells his 226,300 followers on the social media platform X that Eigenlayer (EIGEN) may continue to surge for several factors. “One coin/trade I haven’t seen on the timeline at all is EIGEN. ETH […]

The post Analyst Says Low-Cap Ethereum-Based Altcoin Is Looking Exceptionally Strong, Updates Outlook on Aave and Pepe appeared first on The Daily Hodl.

Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

EigenLayer bolsters restaking with Bitcoin yield, P2P.org payouts

EigenLayer kicked off programmatic EIGEN token incentives for restakers in October. 

EigenLayer, Ethereum’s largest restaking platform, is adding more restaking options, including wrapped Bitcoin (BTC) yield and payouts from node operator P2P.org, according to separate announcements on Nov. 4.

ARPA Network, a protocol built on EigenLayer, will start paying rewards to depositors of uniBTC, a restaked BTC wrapper, the protocol said in a blog post.

“By adding uniBTC as a supported asset, ARPA opens up new liquidity pathways and reward opportunities for BTC holders,” ARPA said.

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Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch

EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch

The social media platform X account behind a new Ethereum (ETH) ‘restaking’ protocol has been compromised weeks after the token’s launch. According to PeckShieldAlert, the social media account belonging to EigenLayer (EIGEN) was hacked with a phishing link this morning. “EigenLayer X account has been compromised. Do*NOT* click the phishing link eligible-eigenfoundation[.]org” It is not […]

The post EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch appeared first on The Daily Hodl.

Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

Kraken Integrates In-House Ethereum Restaking via Eigenlayer

Kraken Integrates In-House Ethereum Restaking via EigenlayerKraken has launched a new feature allowing its clients to restake their ether (ETH) directly on the platform through Eigenlayer. This integration, Kraken says, makes the relatively complex process of restaking more accessible to a broader audience, especially those who have already staked ether on Kraken. Kraken Introduces ETH Restaking to Broaden Defi Access Kraken’s […]

Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

Crypto Analyst Says Bitcoin in a Potential Big Move Upwards, Updates Outlook on Sui, Aptos and Eigenlayer

Crypto Analyst Says Bitcoin in a Potential Big Move Upwards, Updates Outlook on Sui, Aptos and Eigenlayer

A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) while offering his outlook on three altcoins. The analyst pseudonymously known as Sherpa tells his 224,200 followers on the social media platform X that Bitcoin is experiencing “extremely tight” price compression as evidenced by the convergence of the 25-period, 55-period, 100-period and […]

The post Crypto Analyst Says Bitcoin in a Potential Big Move Upwards, Updates Outlook on Sui, Aptos and Eigenlayer appeared first on The Daily Hodl.

Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

Analyst Says One Altcoin Primed To Crash by Over 75%, Updates Outlook on Bitcoin, Stacks and Eigenlayer

Analyst Says One Altcoin Primed To Crash by Over 75%, Updates Outlook on Bitcoin, Stacks and Eigenlayer

A closely followed crypto strategist is warning that one modular blockchain project may be on the verge of collapse. Pseudonymous analyst Altcoin Sherpa tells his 224,000 followers on the social media platform X that layer-1 Celestia (TIA) could plummet by more than 77% from its current value due to prolonged investor selling. The analyst cites […]

The post Analyst Says One Altcoin Primed To Crash by Over 75%, Updates Outlook on Bitcoin, Stacks and Eigenlayer appeared first on The Daily Hodl.

Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive

Eigenlayer (EIGEN) Goes Live at $6,562,768,429 Fully Diluted Valuation As Coinbase Adds Support

Eigenlayer (EIGEN) Goes Live at ,562,768,429 Fully Diluted Valuation As Coinbase Adds Support

A brand new Ethereum (ETH)-based “restaking” protocol is debuting to a huge valuation after gaining Coinbase support. According to Coinbase, the top US-based crypto exchange by trading volume listed Eigenlayer (EIGEN) yesterday. “Coinbase will add support for EigenLayer (EIGEN) on the Ethereum network (ERC-20 Token). Do not send this asset over other networks or your […]

The post Eigenlayer (EIGEN) Goes Live at $6,562,768,429 Fully Diluted Valuation As Coinbase Adds Support appeared first on The Daily Hodl.

Malaysia’s PM Discusses Crypto With Binance’s CZ — Shaping Policies to Stay Competitive