As the ETH/BTC ratio changes its course, there is a trend where we expect market participants to shift their focus to new, higher-beta tokens to $ETH like Ether.Fi ($ETHFI), which presents a lower float compared to established but older and less appealing tokens such as Lido’s $LDO, Optimism’s $OP, etc.
The transition of Ethereum to Proof of Stake (PoS) elevated the significance of liquid staking protocols, with protocols like Lido and Rocket Pool becoming core Ethereum infrastructure. Upcoming developments in EigenLayer hint at a similar innovation cycle, increasing interest in this space. With a combined Total Value Locked (TVL) exceeding $10 billion, liquid restaking is currently DeFi’s fastest-growing sector.
Ether.Fi is among the top 10 protocols by TVL in all of DeFi, and one of the leaders in integration counts, demonstrating exponential growth since the year’s start. Moving forward, its upcoming ventures and incubation of EigenLayer’s Actively Validated Services (AVS) and the anticipated launch of the Cash mobile app present substantial growth catalysts.
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