The market capitalization of EtherFi's token, ETHFI, has reached three times that of EigenLayer's token, EIGEN, according to DeFi influencer Ignas. Initially, EtherFi was an LRT protocol under EigenLayer, but its token value has now surpassed the protocol it was based on. This shift is attributed to EtherFi's pivot towards a cashback credit card model, while EigenLayer has moved towards developing EigenCloud. The transition highlights the challenge of achieving product-market fit for infrastructure-focused projects compared to consumer-oriented products.
EtherFi Token Market Cap Surpasses EigenLayer by Threefold
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