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Summary EigenLayer's TVL increased from $250 million to $1.7 billion in just one month. The re-staking sector is witnessing extraordinary growth. However, it is important to note that, in comparison to the overall volume of LSD, the re-staking sector still has considerable room for growth. For users primarily holding ETH, depositing ETH in LSD protocols like Lido and then re-staking the acquired stETH to earn another profit presents a more advantageous strategy over the long term. Additionally, apart from the anticipated EigenLayer airdrop, projects like AltLayer will also airdrop their tokens to EigenLayer re-stakers. This could result in profits significantly surpassing initial expectations.
- 23:03BTC breaks through $88,500The market shows that BTC broke through $88,500, now at $88,507.99, up 1.79% in 24 hours, the market fluctuates, please do a good job of risk control.
- 22:49Stablecoin supply up $5.4bn after US electionThe supply of the two major stablecoins, Tether (USDT) and Circle (USDC), has increased by $5.4 billion in a week since the US elections. Analysts say the increase reflects rising investor demand for crypto assets. The data shows that both USDT and USDC had record supply on different networks, indicating a diversification in the demand for stablecoins.
- 22:48The probability of the Fed cutting rates by 25 basis points in December is 62.1 per centAccording to the CME ‘Fed Watch’, the probability that the Fed will keep current rates unchanged by December is 37.9%, the probability of a cumulative 25 basis points of interest rate cuts is 32.1%. The probability of keeping current rates unchanged by January next year is 26.5%, the probability of a cumulative rate cut of 25 basis points is 54.9%, and the probability of a cumulative rate cut of 50 basis points is 18.6%.