Coinbase Lists EigenLayer for Trading
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 28 2024Coinbase Lists EigenLayer: Coinbase has announced the listing of EigenLayer (EIGEN) for trading, coinciding with its second airdrop phase called "stakedrop," which runs from September 16, 2024, to March 16, 2025. This move aims to diversify Coinbase's Ethereum-based asset offerings and is expected to heighten market anticipation.
Market Impact and Advisory: Historically, new token listings on Coinbase have led to price surges; however, EIGEN's current price is declining. Investors are advised to be cautious due to the experimental nature of new assets and potential volatility, while EigenLayer remains significant in the DeFi sector with a Total Value Locked (TVL) of $11.9 billion.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
