EIGEN (EigenLayer) rose 16.51% in the last 24 hours.

Gate News Bot news, August 14th, according to CoinMarketCap data, as of the time of writing, EIGEN (EigenLayer) is currently priced at $1.62, having risen 16.51% in the last 24 hours, reaching a high of $1.67 and a low of $1.13, with a 24-hour volume of $227 million. The current market capitalization is approximately $516 million, an increase of $73.31 million compared to yesterday.

EigenLayer is a decentralized cloud computing platform that provides verifiable application development, AVS infrastructure operation, multi-asset staking, and high throughput and reliable data access services. Currently, the platform has paid out $117 million in rewards, with a total locked value of $13.01 billion, and there are 161 AVS under development.

Important news about EIGEN recently:

1️⃣ EigenLayer launches the second phase of token airdrop The EigenLayer project has announced the launch of the second phase of the EIGEN token airdrop claim. This initiative is expected to increase market volume and further enhance community participation in the project. Airdrops, as a common incentive mechanism in cryptocurrency projects, often stimulate a rise in token prices in the short term.

2️⃣ EigenLayer launches multi-chain validation layer and Layer 2 AVS EigenLayer recently launched a multi-chain validation layer and Layer 2 AVS (Application Specific Validation Services). This technological upgrade will significantly enhance EigenLayer's cross-chain interoperability and scalability, providing infrastructure support for more decentralized applications, and is expected to attract more developers and users.

3️⃣ EigenLabs undergoes corporate restructuring EigenLabs recently underwent a corporate restructuring, laying off about 25% of its staff. Although the layoffs may raise concerns in the market, the company stated that this move is aimed at concentrating resources on the EigenCloud project supported by a16z. This strategic adjustment reflects the company's focus on its core business and could lay a more solid foundation for future development.

From a technical perspective, the EIGEN price has recently shown a clear rising trend, breaking through multiple resistance levels. However, investors should remain vigilant about potential retracement risks. On the fundamental side, EigenLayer continues to promote technological innovation and ecosystem development, but the company's restructuring also reflects the operational pressures in the current market environment.

This message is not intended as investment advice; investors should be aware of market volatility risks.