EigenLayer's total value locked (TVL) reached a new high of $22 billion on August 14, driven by increased Ethereum staking. The surge is attributed to ETH reserve companies purchasing ETH from the open market for staking, alongside a notable rise in Ethereum's price during August. ETHZilla recently announced a $100 million ETH deposit into EigenLayer, further boosting its TVL. This development highlights EigenLayer as a key beneficiary in the evolving Ethereum strategic reserve narrative.
EigenLayer TVL Hits Record $22 Billion in August
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