On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $ 4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $ 3.90 per coin. By 2 p.m. it was exchanging hands for $ 4.30 per unit. EIGEN Token Hits …
On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $ 100 million investment from A16z Crypto. This substantial funding comes after the project’s $ 50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen Labs, Garners $ 100M from A16z Crypto Eigen Labs has …