Main Points:
- Restaking protocol EigenLayer’s native token EIGEN has been launched and is trading at $4.10 per token.
- EIGEN token listed on major exchanges like Binance and MEXC, now trading at over $6.5 billion fully diluted value.
- Current price of EIGEN at $4.10, with 1.68 billion tokens in the market.
- Trader deposited 5.24 million EIGEN tokens worth $21.5 million.
- Developers can build Actively Validated Services using EIGEN staking.
- EIGEN token aims to solve challenges of universality, isolation, metering, and compensation.
- EigenLayer has over $10.9 billion in total value locked in the DeFi industry.
- EigenLayer allows Ethereum stakers to reuse tokens on other protocols.
EigenLayer Token Launch:
The native token EIGEN from EigenLayer has recently been launched and is currently trading at $4.10 per token. It was listed on major exchanges like Binance and MEXC, reaching a fully diluted value of over $6.5 billion. The current price of EIGEN is $4.10, with 1.68 billion tokens in circulation. Additionally, a trader has deposited a substantial amount of 5.24 million EIGEN tokens since its launch.
Actively Validated Services with EIGEN:
Developers are able to utilize EIGEN staking to build Actively Validated Services according to EigenLayer’s recent post. Stakers play a crucial role in securing these services and expanding potential use cases. EigenLayer also plans to introduce programmatic incentives for stakers and operators supporting AVSs, enhancing security and rewards within the protocol.
EIGEN Token and DeFi Industry:
EIGEN token is described as a “universal intersubjective work token” designed to tackle challenges of universality, isolation, metering, and compensation. EigenLayer has established itself as a major player in the DeFi industry, with over $10.9 billion in total value locked. Stakers can utilize EigenLayer’s staking technology to reuse Ethereum tokens on various protocols, providing additional security and yield opportunities.
