CryptoMediaClub
Wednesday, June 25, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

DeFi Ecosystem Saw Significant Growth of Restaking Sector

15.02.2024
A A
0
122
VIEWS
ShareShare

The restaking sector is now the sixth largest among all DeFi project categories, driven by notable growth in the TVL of the EigenLayer protocol.

Growth in Restaking Sector Amid EigenLayer Success

The EigenLayer restaking protocol, operating on Ethereum, surged to fourth place in the total value locked (TVL) and reached $7.01 billion, DefiLlama reported. Since the beginning of February, the protocol’s TVL skyrocketed by almost $5 billion, pushing the restaking sector to the sixth position in terms of funds among all DeFi protocol categories.

EigenLayer experienced its most active growth phase from February 5 to 9, coinciding with the temporary lifting of restrictions on the volume of staked assets by the project team. As a result, the TVL surged by 181% during this period. Although a new limit on asset volume for staking took effect on February 9, the project team intends to completely eliminate this restriction in the future.

Restaking protocols enable reinvestment of LST tokens acquired from initial crypto staking, such as stETH, rETH6, sfrxETH, mETH, and LsETH. This approach leads to higher overall staking revenue and enhances the liquidity of LST tokens.

Liquid staking protocols (LSTfi) have a TVL of $42.5 billion at the time of writing, making them the top category of DeFi projects. LSTfi protocols are poised to dominate the DeFi ecosystem in 2023, particularly with the successful transition of the Ethereum blockchain network to the Proof-of-Stake (PoS) consensus algorithm.

Сообщение DeFi Ecosystem Saw Significant Growth of Restaking Sector появились сначала на CoinsPaid Media.

Share9Tweet6ShareSharePin2

Related Posts

Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out
All news

Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out

25.06.2025
0

A Russian crypto mining firm executive has claimed Bitcoin (BTC) prices could climb to the $130k mark in the second...

Read moreDetails
Senate GOP Unveils Bold Crypto Market Structure Principles – Here’s What Could Change

Senate GOP Unveils Bold Crypto Market Structure Principles – Here’s What Could Change

25.06.2025
Bitcoin Rebounds to $105,000 After Truce Claimed in Middle East – What’s Next?

Bitcoin Rebounds to $105,000 After Truce Claimed in Middle East – What’s Next?

24.06.2025
Dogwifhat Rockets 20% as Bitcoin Breaches $106K – Is a $1.00 Breakout Next?

Dogwifhat Rockets 20% as Bitcoin Breaches $106K – Is a $1.00 Breakout Next?

24.06.2025
Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, $3K Daily Stablecoin Limit

Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, $3K Daily Stablecoin Limit

24.06.2025
Load More
Next Post
Bitcoin Crossed The $52k Mark: Will It Rally Towards $60k Soon?

Bitcoin Crossed The $52k Mark: Will It Rally Towards $60k Soon?

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

El Salvador Survey: Only 7.5% of Citizens Use Bitcoin

El Salvador Survey: Only 7.5% of Citizens Use Bitcoin

8 months ago
European Crypto Market Heats Up as Main Exchanges Safe MiCA Licenses

European Crypto Market Heats Up as Main Exchanges Safe MiCA Licenses

5 months ago

Here’s What You Need to Know About Crypto Regulatory Roadmap Approved by G20

2 years ago
U.S. Spot Bitcoin ETFs See Outflows After Week-Long Positive Inflow Streak

U.S. Spot Bitcoin ETFs See Outflows After Week-Long Positive Inflow Streak

8 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin Rebounds to $105,000 After Truce Claimed in Middle East – What’s Next?

Dogwifhat Rockets 20% as Bitcoin Breaches $106K – Is a $1.00 Breakout Next?

Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, $3K Daily Stablecoin Limit

South Korea Expands Cryptocurrency Initiatives and Strengthens Market Regulation

Why Is Crypto Up Today? – June 24, 2025

XRP leads crypto market rally as Iran-Israel’s tentative ceasefire lifts sentiment

Trending

Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out
All news

Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out

25.06.2025
0

A Russian crypto mining firm executive has claimed Bitcoin (BTC) prices could climb to the $130k mark...

Senate GOP Unveils Bold Crypto Market Structure Principles – Here’s What Could Change

Senate GOP Unveils Bold Crypto Market Structure Principles – Here’s What Could Change

25.06.2025
Number of XRP holders almost doubled within six months, overtaking Solana

Number of XRP holders almost doubled within six months, overtaking Solana

24.06.2025
Bitcoin Rebounds to $105,000 After Truce Claimed in Middle East – What’s Next?

Bitcoin Rebounds to $105,000 After Truce Claimed in Middle East – What’s Next?

24.06.2025
Dogwifhat Rockets 20% as Bitcoin Breaches $106K – Is a $1.00 Breakout Next?

Dogwifhat Rockets 20% as Bitcoin Breaches $106K – Is a $1.00 Breakout Next?

24.06.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz