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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.

EigenLayer aims to eliminate a critical barrier many new DApps face by providing developers with an established security framework.

Ethereum has come a long way since its launch in 2015. It has held its position as the most influential blockchain, successfully transitioned from proof-of-work (PoW) to proof-of-stake (PoS), and is the foundation for many innovative crypto projects. 

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Dogecoin to $1? Traders say a 140% DOGE rally could happen before February

Ethereum liquid restaking drove DeFi TVL to $100B in first quarter

Protocols such as Lido and EigenLayer have been behind the DeFi TVL resurgence.

Decentralized finance total value locked (TVL) almost doubled in the first three months of this year compared to the previous quarter, partially driven by Ethereum liquid restaking initiatives, according to recent research. 

DeFi total value locked surged from a Q4 2023 low of $36 billion to peak at almost $97 billion in the first quarter of 2024, according to DefiLlama. Since the beginning of the year, it has increased by 81% to a two-year high of $98 billion last week.

Messari reported slightly higher TVL figures on April 18, noting that DeFi collateral increased by 65.6% quarter-on-quarter to reach $101 billion. However, it attributed this growth to the prices of the underlying assets increasing and liquid restaking.

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Dogecoin to $1? Traders say a 140% DOGE rally could happen before February

Eigenlayer Launches on Ethereum Amid Concerns Over Centralization and Potential Security Threats

Eigenlayer Launches on Ethereum Amid Concerns Over Centralization and Potential Security ThreatsEigenlayer launched on Ethereum’s mainnet with over $12 billion in total value locked, aiming to create a restaking ecosystem which, while promising lucrative prospects, may introduce unforeseen risks including potential centralization and the threat of slashing cascades impacting Ethereum’s security. The launch was executed with certain safeguards, such as the temporary disabling of slashing and […]

Dogecoin to $1? Traders say a 140% DOGE rally could happen before February

27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks

27% of Ethereum Now Staked:  Billion Committed as Interest PeaksRecent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido Finance holding $28.77 billion of that sum. Staking Captures 27% of Ethereum Supply; […]

Dogecoin to $1? Traders say a 140% DOGE rally could happen before February