EigenLayer is trading at $1.99, showing around 5-6% gain in the past 24 hours.
There’s renewed interest in its restaking primitives and intersubjective validation features, which are helping it stand out among DeFi-restaking projects.
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EIGEN Next Target
- Price: $1.99
- Market Cap: $764.82 million
- 24-Hour Trading Volume: $132.96 million
- Circulating Supply: 382.66 million EIGEN
- Total Supply: 1.75 billion EIGEN
The price has broken the ascending triangle pattern with good volume. Currently, it looks ready for an aggressive pump.🚀
Key Indicators & Market Signals
- Eigen has strong TVL (total value locked) — about $18.89 billion — making it one of the most significant restaking platforms.
- The ratio of market cap to TVL is low, indicating potential undervaluation if restaking protocols gain more traction.
- Resistance is likely around $2.20-$2.50; support around $1.80-$1.90 is being watched closely.
- Momentum is gaining among institutional and retail holders who favor assets with strong protocol utility, not just hype.
Latest News Highlights
- Eigen remains heavily discussed in DeFi circles, especially as restaking becomes a more popular way to earn yield without full risk of staking alone.
- Some sharper pullbacks in price have been attributed to broader market sentiment cooling off, not a drop in protocol fundamentals.
- Ecosystem work like “Actively Validated Services” (AVS) and community governance are still seen as central for long-term growth.
Summary
EIGEN trades at $1.99, with a market cap of $764.82 million and strong volume. Key support sits between $1.80 – $1.90, while resistance zones near $2.20-$2.50 are crucial to break for further upside.
With its large TVL and unique restaking model, EigenLayer has potential upside—but risks remain if broader market conditions sour.
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