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EigenLayer Total Value Locked Crosses $11 Billion
Published Source: BitcoinistRead original
Crypto Insight Summary: TL;DR EigenLayer TVL stood at about $11.02 billion on September 21. The total includes capital from native ETH deposits and liquid restaking tokens. Protocol TVL should not be confused with stake delegated to any single AVS. EigenLayer has moved back above the $11 billion mark in total value locked, with DeFiLlama showing approximately $11.02 billion […] Crypto Insight Analysis: Direction: Bullish ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: EigenLayer's TVL growth signals increased ETH staking demand, boosting ETH's utility.