EigenLayer's EIGEN token has surged 33% in the last 24 hours, reaching $2.03, as part of a broader altcoin rally. This uptick follows the US Securities and Exchange Commission's approval of generic listing standards for commodity-based trust shares, which simplifies the approval process for exchange-traded products. Additionally, EigenLayer's recent partnership with Google, where EigenCloud will serve as a launch partner for Google Cloud's new Agent Payments Protocol, has bolstered the token's rise. This positions EigenLayer as a significant player in the Ethereum ecosystem, alongside other gaining altcoins like EtherFi and Lido DAO.