EigenLayer is trading at $1.99, showing around 5-6% gain in the past 24 hours. There’s renewed interest in its restaking primitives and intersubjective validation features, which are helping it stand out among DeFi-restaking projects.For on-demand analysis of any cryptocurrency, join our Telegram channel.EIGEN Next TargetPrice: $1.99Market Cap: $764.82 million24-Hour Trading Volume: $132.96 millionCirculating Supply: 382.66 million EIGENTotal Supply: 1.75 billion EIGENThe price has broken the ascending triangle pattern with good volume. Currently, it looks ready for an aggressive pump.🚀Buy NowKey Indicators & Market SignalsEigen has strong TVL (total value locked) — about $18.89 billion — making it one of the most significant restaking platforms.The ratio of market cap to TVL is low, indicating potential undervaluation if restaking protocols gain more traction.Resistance is likely around $2.20-$2.50; support around $1.80-$1.90 is being watched closely.Momentum is gaining among institutional and retail holders who favor assets with strong protocol utility, not just hype.Latest News HighlightsEigen remains heavily discussed in DeFi circles, especially as restaking becomes a more popular way to earn yield without full risk of staking alone.Some sharper pullbacks in price have been attributed to broader market sentiment cooling off, not a drop in protocol fundamentals.Ecosystem work like “Actively Validated Services” (AVS) and community governance are still seen as central for long-term growth.SummaryEIGEN trades at $1.99, with a market cap of $764.82 million and strong volume. Key support sits between $1.80 – $1.90, while resistance zones near $2.20-$2.50 are crucial to break for further upside. With its large TVL and unique restaking model, EigenLayer has potential upside—but risks remain if broader market conditions sour.For on-demand analysis of any cryptocurrency, join our Telegram channel.DataDAO Finance Rug Pulled2,400 Wallets Compromised in Arbitrum Airdrop, Raises Security ConcernsHong Kong’s ZA Bank to Introduce Crypto ConversionsCoinbase vs Binance vs BYDFI