EIGEN (EigenLayer) rose 2.02% in the last 24 hours.

Gate News Bot news, September 11, according to CoinMarketCap data, as of the time of writing, EIGEN (EigenLayer) is currently priced at 1.41 USD, with a rise of 2.02% in the last 24 hours, reaching a maximum of 1.55 USD and a minimum drop to 1.17 USD, with a 24-hour volume of 128 million USD. The current market capitalization is approximately 464 million USD, an increase of 9.18 million USD from yesterday.

EigenCloud is a decentralized platform that allows users to build verifiable applications, run AVS infrastructure, stake various assets, and utilize EigenDA for scaling. The platform currently has 161 AVS in development, has paid out $117 million in rewards, and has a total locked value of $13.01 billion. EigenCloud also provides a throughput of 50 MB/s, offering users cloud-level performance and reliability.

Important news about EIGEN recently:

1️⃣ EigenLayer launches multi-chain validation layer 2 AVS EigenLayer is developing a new multi-chain validation layer 2 solution called AVS (Active Validation Services). This innovation aims to enhance the efficiency and security of cross-chain interactions, and is expected to bring more application scenarios and user demands for EIGEN.

2️⃣ a16z crypto division invests in EigenCloud The famous venture capital firm a16z's crypto department has invested in EigenCloud. This move not only brings financial support to the EIGEN project but also earns it more attention and recognition in the industry, which is beneficial for the project's long-term development.

3️⃣ Eigen Labs undergoes organizational restructuring Eigen Labs recently underwent an organizational restructuring, laying off about 25% of its employees. The company stated that this decision aims to optimize resource allocation and focus on the development of its core business, EigenCloud. Although it may raise market concerns in the short term, it could help improve operational efficiency in the long run.

From a technical perspective, the price volatility of the EIGEN token is significant, indicating differing views in the market regarding its future development prospects. On the fundamental side, EigenLayer continues to promote technological innovation and ecological construction, but also faces challenges brought about by organizational adjustments. Investors need to closely monitor the project's subsequent development trends.

This message is not an investment advice, and investors should be aware of market volatility risks.