BCGAME - Free 5BTC Daily Bonus!- Unlocking EIGEN tokens boosts liquidity.
- EIGEN values with a market valuation of US$ 7,1 billion.
- EigenLayer platform maintains robustness with TVL of US$ 12 billion.
The cryptocurrency industry saw a significant development last Monday when EigenLayer announced the removal of transfer restrictions for its native token, EIGEN.
Starting at midnight Eastern Time, investors gained full freedom to trade and move their EIGEN tokens, including those obtained through airdrops, thus expanding the liquidity and accessibility of the digital asset in the market.
This milestone follows EigenLayer’s strategic token distribution, which included two staking events totaling an initial offering of 1,67 billion tokens. Research by Kairos Research indicates that EIGEN’s circulating supply is now in the region of 200 million tokens.
This limited supply has contributed to the token’s appreciation, which was recently trading at approximately $4,28 per unit, bringing EigenLayer’s market valuation to an impressive $7,1 billion, according to data from CoinGecko.
EigenLayer, which allows users to stake Ether to strengthen and secure third-party networks and services, has demonstrated its robustness and relevance in the cryptocurrency ecosystem. With a total value locked (TVL) that peaked at $20 billion in June, the platform now has over $12 billion, reflecting both market volatility and participants’ continued confidence in EigenLayer’s robustness.
The ability to freely move EIGEN tokens between multiple exchanges and wallets is a game-changer for holders, who can now manage their investments with greater flexibility and efficiency. This change is seen as a positive step towards greater maturity and stability for the project, which continues to establish itself as a pillar in the crypto-economic security infrastructure through its intersubjective fork technology.
