Why I’m Bullish on Eigen EigenLayer stands out as a premier opportunity in the Ethereum ecosystem, pioneering restaking to secure AVSs and expand verifiable compute for DeFi, AI agents, and RWAs, particularly as ETH surges with ETF inflows topping $50 billion since 2024. Despite $EIGEN trading down ~80% from its $5.65 ATH, the protocol’s fundamentals shine with $18B+ TVL and growing across 200+ AVSs, backed by a16z’s $170M investment and ongoing innovations like slashing mechanisms and Pectra compatibility, positioning it for narrative rerating in maturing markets. 🔷ETH macro tailwind: ETH’s momentum amplifies Eigen’s restaking utility, enhancing AVS security as adoption grows, though this synergy remains underappreciated. 🔷Restaking dominance: Commands ~70% market share with ATH TVL of $15B+, far outpacing competitors like Symbiotic ($1.4B) and Karak ($270M), creating strong network effects. 🔷Value disconnect: Protocol health at peaks (TVL $15B) contrasts with price lows and...
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