EigenLayer (EIGEN) price, an Ethereum-based restaking protocol, marked its entrance into the cryptocurrency market on October 1. The token, which can now be traded and staked, was listed on several major exchanges, including Binance, Kraken, Coinbase, ByBit, and OKX. This listing follows the final distribution of tokens through airdrops by Puffer Finance.
Coinbase, a leading US crypto exchange by trade volume, added EIGEN to its platform yesterday. This move significantly boosts the token’s liquidity, which many holders initially received through airdrops earlier this year.
EigenLayer Price Fluctuatuats Amid Market Debut
The EigenLayer price was marked by unlocking at 5:00 AM UTC, and trading prices ranged from $3.50 to $4.50. As of now, the EIGEN price is trading at $3.74, reflecting a slight decrease of 4% amid broader crypto market downtrends.
EIGEN’s market introduction is part of EigenLayer’s strategy to enhance the utility of staked assets. The platform allows users to leve
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