EigenLayer’s EigenDA to support layer-2 native token restaking
Users will be able to earn restaking yield from layer-2 tokens on EigenDA.
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Users will be able to earn restaking yield from layer-2 tokens on EigenDA.
Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition.
Despite Ethereum’s inflationary trend, staking and restaking gains momentum, boosting network security and rewards.
Restaking yields are still mostly speculative, according to Mike Silagadze speaking at the Blockchain Futurist Conference.
Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.
Ether could see a significant amount of sell pressure unlock at 8:00 p.m., despite ETH fractals pointing at an imminent breakout.
Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit.
Spot Ether ETFs were supposed to set the gold standard for ETH investing. Unfortunately, they still aren’t allowed to offer staking.
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF.
The total value locked in liquid restaking tokens rose over 8,300% since the beginning of 2024.
