$ETH is pumping and that’s quietly very bullish for $EIGEN let me break it down for you about how this $ETH rally fuels EigenLayer’s growth and strengthens the $EIGEN narrative: —— - EigenLayer is built entirely on top of Ethereum. The more valuable ETH becomes, the more capital flows into Ethereum's staking economy and restaking sits directly on top of that. - When ETH pumps, stakers feel richer and more confident. That means more people are willing to restake their ETH or LSTs (like stETH, rETH, cbETH) to earn extra rewards through EigenLayer. Restaking = more usage of EigenLayer. - With more ETH restaked, AVSs (Actively Validated Services) benefit. AVSs are new services.. sidechains, data availability layers, oracle networks that borrow Ethereum’s security via EigenLayer. More ETH = stronger security = more AVS growth. - Now that EigenLayer’s mainnet is live and 71 AVSs are in development, this ETH rally is perfectly timed. TVL has already hit $9.7B, and with ETH pumping, that number could rise even more increasing the value secured by EigenLayer. - All of this benefits the $EIGEN token in 3 ways: ▸ More staking demand (currently 4.18% yield) ▸ More attention on the ecosystem ▸ Higher usage = stronger long-term token value It’s a flywheel.. ETH up = EigenLayer stronger = EIGEN gets more valuable. - And let’s not forget… This ETH move comes alongside a16z’s $100M investment into EigenLayer, and just weeks after the token’s launch. hence: Momentum + narrative + capital = perfect storm for $EIGEN to thrive. - TLDR: ETH pumping → More restaking → More AVSs → More demand for EigenLayer → Bullish for $EIGEN