171.76K
739.77K
2024-04-30 09:00:00 ~ 2024-10-01 03:30:00
2024-10-01 09:00:00
Total supply1.72B
Resources
Introduction
EigenLayer is a protocol built on Ethereum that introduces re-staking, allowing users who have staked $ETH to join the EigenLayer smart contract to re-stake their $ETH and extend cryptoeconomic security to other applications on the network. As a platform, EigenLayer, on one hand, raises assets from LSD asset holders, and on the other hand, uses the raised LSD assets as collateral to provide middleware, side chains, and rollups with AVS (Active Verification Service) needs. The convenient and low-cost AVS service itself provides demand matching services between LSD providers and AVS demanders, while a specialized pledge service provider is responsible for specific pledge security services. EIGEN total supply: 1.67 billion tokens
Made in USA coins are drawing attention heading into the weekend, with five standout tokens leading the charge: EOS, ONDO, SUI, KAS, and EIGEN. EOS surged nearly 7% following a controversial $3 million purchase by World Liberty Financial, while ONDO remains a major RWA player despite short-term volatility. SUI continues to ride momentum from its meme coin and DEX activity, and Kaspa (KAS) shows strong upside potential with a possible golden cross forming. Meanwhile, EigenLayer (EIGEN) is facing a sharp pullback but still holds bullish signals if support levels can hold. EOS EOS is up nearly 7% in the last 24 hours, sparked by World Liberty Financial’s surprise $3 million purchase of the token. The move has stirred controversy across the crypto community, especially given WLFI’s recent $125 million loss from allegedly selling ETH at a local bottom. While some have raised concerns about potential market manipulation, there’s currently no hard evidence of foul play. EOS, which has spent much of the past year trading below $0.50, briefly surged over 9% following the news, reigniting interest in a project many considered dormant. EOS Price Analysis. Source: TradingView. Technically, if bullish momentum persists, EOS could break above the key resistance level at $0.88. A clear breakout there may open the door for a run toward the psychological $1 mark. However, if sentiment shifts and the rally fades, EOS could retest support at $0.663. A break below that would likely trigger further downside, potentially dragging the token back toward the $0.58 region. Ondo Finance (ONDO) Real-world asset (RWA) tokenization is gaining serious momentum. The sector reached an all-time high of $22.5 billion, up 5.87% in the last 30 days. Private credit accounts for $13.1 billion of the total, highlighting growing institutional interest in bridging TradFi with blockchain infrastructure. Amid this surge, ONDO has emerged as one of the largest players in the RWA space, despite its token price slipping over 3% in the past 24 hours. Still, ONDO is up 16.2% over the last month, reflecting sustained investor confidence in the narrative. ONDO Price Analysis. Source: TradingView. Looking ahead, if bullish sentiment returns, ONDO could test resistance at $1.04. A breakout above that level may push the price toward $1.20. However, if the correction deepens, the token faces key support levels at $0.86 and $0.819. Should the downtrend accelerate, ONDO may fall further to $0.73 or even $0.663, making short-term price action heavily dependent on whether the broader hype around RWA and Made in USA coins continues or fades. SUI SUI has been gaining traction in recent months thanks to its growing meme coin ecosystem and expanding DEX infrastructure. While its DEX volume surged 36.7% over the past week, it recorded the smallest increase among the top eight chains and currently ranks sixth in total DEX volume. Despite this, market interest remains strong, with SUI up 83% in the last 30 days—though it has cooled slightly, slipping 1.25% over the past week. SUI Price Analysis. Source: TradingView. Technically, SUI’s EMA lines still indicate bullish momentum. If buyers regain control, the token could test resistance at $3.89, and a breakout there may open the path toward $4.24. On the downside, if SUI fails to hold support at $3.63, the next targets are $3.27 and potentially $2.92 in the event of further selling pressure. Kaspa (KAS) Kaspa (KAS) has delivered strong performance recently, climbing 18.5% in the last seven days and 56.7% over the past month. Its market cap now stands at $3.17 billion, even as 24-hour trading volume has dipped by 20% to $99.38 million. KAS Price Analysis. Source: TradingView. EMA indicators suggest a potential golden cross formation, which could signal further upside. If momentum continues, KAS may test resistance at $0.155, and a successful breakout could push the price toward $0.188, making it one of the most interesting Made in USA coins for the weekend. However, if the trend weakens, key support levels lie at $0.114 and $0.103. Losing those could trigger a deeper correction, with downside targets as low as $0.082. Eigenlayer (EIGEN) EigenLayer (EIGEN) has seen mixed price action this week—up 16% over the past seven days, but down 11% in the last 24 hours alone. The recent drop pushed its price below $1.40 and dragged its market cap under the $400 million mark, signaling a potential cooldown after last week’s rally. EIGEN Price Analysis. Source: TradingView. Despite the pullback, EIGEN’s EMA lines remain in a bullish formation. If the downtrend continues, the token may test key support at $1.22, with further downside possible toward $1.084 if that level fails. However, if EigenLayer regains its prior momentum, it could retest resistance at $1.49, and a breakout there may pave the way for a move toward $1.63.
The inaugural edition of Unchained Summit, an event by Aeternum was hosted at Kempinski Central Avenue in Dubai on 28th and 29th April, wrapping up two fast-paced days of high-impact discussions, paradigm-breaking insights, and impactful community engagement; positioning itself among the most forward-thinking events in the global Web 3.0 calendar. Purpose-built for a new era of Web 3.0, blockchain, digital assets, and AI integration, the summit convened 500+ industry leaders, 75+ speakers, and a blend of innovators, investors, developers, and policy makers from over 40 countries in one room. More than just another conference, the summit was built as a strategic platform where breakthrough projects connect with builders, traditional finance meets Web 3.0, and thought leaders come together for deep knowledge sharing, collaboration, and meaningful ecosystem growth. A Platform for Visionary Thinking The speaker line-up featured some of the most respected names in the ecosystem. Some of the speakers delivering thought-provoking keynotes and engaging in high-intensity panel sessions included: Ronghui Gu, Co-Founder, CertiK, USA Kostas Chalkias, Co-Founder and Chief Cryptographer, Mysten Labs & Sui, UAE Sreeram Kannan, Founder & CEO, EigenLayer, USA May Zabaneh, VP of Product – Blockchain, Crypto & Digital Currencies, PayPal, USA Greg Scanlon, VP Quantitative Blockchain, Franklin Templeton Digital Assets, USA Keone Hon, Co-Founder, Monad Foundation, USA Lennix Lai, Global Chief Commercial Officer, OKX, Hong Kong Yat Siu, Co-Founder and Executive Chairman, Animoca Brands, Hong Kong Alex Murashkin, Chief Security Officer, Quantstamp, Dubai Anantha Krishnan, Founder MOI NETWORK, USA Abhijit Shukla, Founder, TAN Blockchain, India, among others Topics ranged from the future of stablecoins and high-performance blockchain scalability, to the convergence of AI and Web 3.0, decentralized infrastructure (DePIN), tokenized real-world assets (RWAs), and the upcoming institutional adoption wave in crypto finance. Each session offered actionable takeaways; whether from emerging investment trends or forays into the future of decentralized compute and sovereign infrastructure. During discussions held over the course of the two days, interoperability, user-first design, and regulatory ease were repeatedly cited as the drivers of Web 3.0’s optimal potential. “Even though Web 3.0 is already a US$ 2–3 trillion industry, it’s still relatively small compared to traditional markets. That’s why gatherings like Unchained Summit are so important—they help us connect, collaborate, and build stronger alignment across the ecosystem,” said Yat Siu, Co-Founder and Executive Chairman, Animoca Brands, Hong Kong. “Events like Unchained Summit play a crucial role in fostering true community building within the ecosystem,” said Sreeram Kannan, Founder & CEO, EigenLayer (USA). A Global Community, Connected Besides content on stage, the summit was also worth it for the impromptu networking that was done via private lounges, brand activations, afterparty, and VIP meetups. A wide range of VCs, blockchain founders, solution providers, and government officials used the chance to share their roadmap, establish new partnerships, and share deal flow in an open setting. “Unchained Summit plays a vital role in strengthening the Web 3.0 ecosystem. While builders often work in silos, gatherings like this bring us closer; fostering real connections and collaboration. In many ways, the conversations that follow the event are even more critical and impactful,” said Kostas Chalkias, Co-Founder and Chief Cryptographer, Mysten Labs & Sui, UAE. “Unchained Summit was incredible. It brought together creators, innovators, and capital allocators, not just to discuss the big issues shaping Web 3.0, but to actually do business and drive the space forward,” Jason P. Allegrante, Chief Legal & Compliance Officer, Fireblocks (USA) was found quoting. Built for the Builders From the outset, Unchained Summit was intended to put builders in the spotlight — not brands. The agenda was created with input from real players in the blockchain space, allowing formats to diverge from traditional one-way keynotes to include engaging fireside chats, panel debates, and networking sessions. Specifically, the conference concentrated on the “next frontier” — like scaling decentralized infrastructure, unlocking modular AI agents, and creating the groundwork for tokenized financial products. These weren’t abstract discussions, but straight shoot-from-the-hip talks with people shipping code, keeping risk at bay, and pushing adoption on the streets. “Unchained Summit made a rare, strong debut on the global Web 3.0 circuit. With a standout speaker lineup featuring leaders from PayPal, Animoca, and Ripple, the event delivered sharp, relevant insights. A powerful start to Dubai’s Crypto Week; full of open minds, fresh ideas, and meaningful conversations.” said Alena Afanaseva, Founder & CEO, BeInCrypto, Argentina. “Dubai was the perfect backdrop to launch this movement. What we saw over these two days was a genuine hunger for dialogue that is not hype — people came here to engage, not merely attend. We look forward to continuing this success again in Dubai and India later this year,” said Sharath Kumar, Founder and CEO at Aeternum, the organisers of Unchained Summit. What’s Next With the success of the Dubai edition, Aeternum has announced two upcoming editions of Unchained Summit in 2025: Unchained Summit in Dubai, UAE on 30th and 31st October, 2025 Unchained Summit in Bangalore, India on 5th & 6th December, 2025 Both editions will amplify the event’s emphasis on building Web 3.0 communities, inclusive economies, and connecting the Web 3.0 world with real-world economies. Startups, investors, protocols, and policy makers across Asia, MENA, and Europe are expected to attend. Unchained Summit’s official sponsors include: Platinum Sponsors: Mesh and Own Afterparty Sponsor: Consciousness Gold Sponsors: KoinBX, MOI Technology, and TAN Blockchain Silver Sponsors: AEON, BTSE, Mantle Network, f(x) Protocol, and Kite AI Bronze Sponsors: BlockchainX, Gresham International, EcoTrader, Threshold, and Piggycell Associate Partner: OpenLedger Official Media Partner: Coin Edition As the cryptocurrency ecosystem evolves and enters its next stage of adoption, Unchained Summit wants to be a go-to gathering spot — where real builders, real capital, and real ideas meet. About Aeternum Consulting Ltd: Aeternum organizes business-to-business events in the emerging tech space, provides strategic consulting, and tailored services to a diverse range of clients, from corporations to governments and startups to individuals. Aeternum specializes in crafting impactful B2B platforms that foster meaningful connections, drive business growth, and facilitate knowledge sharing through conferences, exhibitions, and bespoke networking opportunities. For more information visit: aeternuminc.com
Key Takeaways: An anonymous whale’s EIGEN trade resulted in significant losses. Losses totaled approximately $5.89 million. Impact on EIGEN trading prices was noted. Whale Loses Millions on EIGEN Token Trade The trade highlights volatility in cryptocurrency markets, affecting investor confidence and demonstrating potential risks. In December 2024, a whale withdrew 2 million EIGEN tokens from Binance, valued at approximately $9.07 million. Over the next two months, the value significantly decreased. The anonymous trader returned these tokens on February 12, 2025, now worth only $3.18 million, marking a notable financial setback. The rapid fluctuation impacted the market, causing a 2.5% drop in the EIGEN/BTC trading pair shortly after the redeposit. Binance recorded increased trading volumes, with factors like price fluctuations affecting investor sentiment and speculation. The loss underscores potential financial risks. Furthermore, investor behavior in volatile markets can have widespread implications. EIGEN experienced a price drop, illustrating how whale activity influences smaller cryptocurrency markets and trader decisions. As noted by Jane Smith, Market Strategist at Crypto Financials: “This represented a significant loss for the whale who deposited the same tokens back into Binance for only $3.18 million.” – CoinSpeaker This incident raises questions about cryptocurrency’s reliability as a stable investment vehicle. Future whale activities could drive significant market shifts, influencing regulatory actions aimed at market stability and protection. This event serves as a critical reminder of cryptocurrency’s volatile nature.
According to Odaily Planet Daily, monitored by Spot On Chain, a whale has just transferred 8 million EIGEN (approximately $10.1 million) into a CEX, realizing a profit of $596,000 after holding for only 4 days. The address still holds 10.9 million EIGEN (approximately $13.5 million), with an unrealized profit of about $712,000. The current 24-hour decline of EIGEN is 11.2%, affected by the overall market correction.
On May 9th, according to an official announcement, EigenLayer is about to launch the "Redistribution" feature, bringing new capabilities to its Slashing upgrade. This feature allows decentralized validation services (AVS) to redistribute funds after being penalized, rather than directly destroying them, thus supporting more complex use cases such as lending and insurance protocols. Redistribution is optional and initially supports non-ETH assets (such as LSTs, EIGEN, USDC, and AVS tokens), with ETH not yet included in the supported range. This feature has already been launched on the Holesky, Sepolia, and Hoodi testnets, with plans to go live on the mainnet in June.
According to market data, as Bitcoin once reached $104,000, Ethereum surged over 20% in a single day, and the total market value of altcoins (TOTAL3) rose by 7.56% in a single day, showing a general upward trend, including: VIRTUAL 24-hour increase of 50%, current price $2.09 EIGEN 24-hour increase of 45.7%, current price $1.128 PNUT 24-hour increase of 40%, current price $0.22 PEPE 24-hour increase of 34.5%, current price $0.000011 BANANA 24-hour increase of 29.7%, current price $22.93 ETHFI 24-hour increase of 29.7%, current price $0.712 ENA 24-hour increase of 27%, current price $0.34 SUSHI 24-hour increase of 26.25%, current price $0.759 UNI 24-hour increase of 25.7%, current price $6.13 SSV 24-hour increase of 25%, current price $7.91
Aave Labs has announced a collaboration with Ant Digital Technologies in an effort aimed at building a custom RWA market on Ethereum. The partnership involves Horizon, an institutional-grade decentralized finance products platform launched by Aave Labs earlier this year. Aave ( AAVE ) founder Stani Kulechov said in an announcement on May 9 that the new market will target qualified users, allowing them to borrow stablecoins with their tokenized real world assets as collateral. “I‘m pleased to announce Horizon’s strategic collaboration with Ant Digital Technologies, one of the largest blockchain technology services providers in the world,” Kuchelov posted on X. “We will work with them on a custom RWA market on Ethereum.” Aave Labs introduced Horizon in March, eyeing it as a custom RWA platform designed to bridge decentralized finance and institutional adoption. The Ethereum-based protocol’s first product is tokenized money market funds. Institutional investors can use the MMFs as collateral when looking to tap into stablecoin liquidity. The partnership with Ant Digital Technologies, the digital technology subsidiary of Ant Group, comes as the RWA market gains notable traction. Global asset managers such as BlackRock have become key players amid increased institutional demand. Horizon seeks to unlock further adoption of blockchain and crypto across the Aave ecosystem. “By aligning with institutional standards while preserving DeFi’s core efficiencies, Horizon unlocks a compliant, scalable, and accessible pathway for institutions and tokenization platforms to engage in decentralized finance,” Aave Labs wrote in a blog post. Stani Kulechov said the strategic collaboration between Horizon and Anti Digital is major milestone. “DeFi will be the backbone of global finance and this is a significant step towards enabling institutional adoption of DeFi,” Kulechov added. The Aave ecosystem continues to dominate the DeFi market, with total value locked on the protocol currently at over $23 billion. Per DeFiLlama data , the DeFi TVL stands at over $111 billion.Aave leads Lido, EigenLayer and Sky, formerly MakerDAO in TVL.
Ethereum’s latest update could make DeFi protocol feel like normal apps, and boost ETH in the long run, says P2P.org’s executive. For the past year, Ethereum (ETH) has been steadily losing dominance to other altcoins, as well as Bitcoin. Layer 2 networks are eating into Ethereum’s revenue, causing some traders to question the network’s evolving tokenomics. Rather than give in to the pressure, the Ethereum Foundation has doubled down, launching a new update focused entirely on usability and scalability. Artemiy Parshakov, Vice President of Institutions at staking infrastructure provider P2P.org, explained to crypto.news why this is the correct approach. Instead of prioritizing short-term revenue, the upcoming Pectra upgrade aims to make decentralized apps more user-friendly, introduce new features to the network, and help Ethereum reinforce its leadership in the DeFi space. crypto.news: What are the most consequential changes that the Pectra upgrade brings to Ethereum? Artemiy Parshakov: The Pectra upgrade is honestly a game-changer for Ethereum staking. The most radical shift is moving from the rigid 32 ETH validator limit to allowing up to 2048 ETH per validator. This completely transforms the economics for operators like us. We’re also excited about auto-compounding. Instead of rewards just sitting there, they’ll now automatically feed back into your validator, growing your stake over time. Our models show this could bump returns from 3.2% to around 3.4% over five years – doesn’t sound huge, but that’s an extra ETH per validator at current prices. Another big win is the slashing penalty reduction. The initial penalty is dropping by 128x, from 1 ETH to about 0.008 ETH per 32 ETH staked. This makes staking dramatically safer without compromising network security. For more conservative clients who’ve been hesitant to stake, this removes a major barrier. And finally, partial withdrawals mean you’re not locked in completely. You can pull some ETH while keeping your validator running – much more flexible than the all-or-nothing approach we’ve had until now. CN: The Pectra upgrade is focused on account abstraction, with specific upgrades to transaction batching, gas sponsorship and authentication. What are some of the innovations on the dApp front that this may enable? AP: Account abstraction opens up possibilities that were simply impossible before. The ability to delegate control from standard accounts to smart contracts means we can finally build DeFi and staking products that feel like normal apps. The gas sponsorship aspect is huge. Think about onboarding new users to staking – they’ve always needed ETH just to pay for transactions. Now, validators can sponsor those gas fees, removing that initial friction completely. Users can essentially interact with Ethereum without directly holding ETH for gas. We’re already working on practical applications at P2P.org. One feature in our RD pipeline automatically calculates ideal withdrawal timing based on network conditions. Before Pectra, this would require manual intervention, but now we can build systems that execute these withdrawals automatically when the timing is perfect. We’re also exploring cross-protocol interoperability – imagine seamlessly moving your staked assets between protocols like SSV, EigenLayer, and Swell to optimize returns. Account abstraction makes these complex interactions much more streamlined. CN: How does raising the maximum effective validator balance from 32 ETH to 2048 ETH impact P2P.org’s operations related to validators? AP: This change is transformative for our operational approach. A single 640 ETH validator will generate the same rewards as twenty separate 32 ETH validators. We’ve been preparing for this for months, testing extensively to ensure we’re ready on day one. Our approach is to strategically cap validator balances at 1,920 ETH rather than the full 2,048 ETH. This gives us a two-year runway before hitting the limit where auto-compounding would stop – ensuring uninterrupted compounding benefits for our users. The operational savings aren’t just good for our bottom line – they allow us to offer better rates to clients. We’re already working on ways to pass these efficiency gains back to stakers through higher rewards. CN: Do you foresee the potential for centralization risk from increasing validator balance? AP: This is a question we’ve thought about extensively. The design is actually quite elegant – larger validators maintain the standard attestation frequency but their votes carry proportionally greater weight. So a 2048 ETH validator has the same influence as 64 individual validators, preserving the security model. The interesting aspect is that Pectra might actually encourage more decentralization. Currently, there’s a significant barrier to entry with the technical complexity of running many validators. By allowing consolidation, smaller operators can compete more effectively on efficiency rather than scale. CN: Ethereum is trending toward making transactions cheaper, especially by leveraging L2s. However, this appears to be hurting its revenue in the short term. What is your perspective on the long-term effects of this trend, and should Ethereum focus more on generating revenue in the short term? AP: Ethereum’s approach here shows real strategic vision rather than chasing quarterly results. Making transactions more affordable through L2s and efficiency improvements is building a more sustainable ecosystem for the long run. The history of technology shows that platforms prioritizing affordability and accessibility eventually win the market. Look at how AWS democratized cloud computing or how cheaper smartphones drove mobile adoption globally. With Pectra specifically, the protocol is becoming more efficient from a cost perspective while actually improving the economics for stakers through features like auto-compounding. This balances the needs of users and validators in a way that strengthens the entire ecosystem. We see these changes as part of Ethereum’s natural evolution. Our focus at P2P.org has always been on performance optimization – we’re currently ranked #1 for validator effectiveness among major operators. These protocol improvements allow us to push that performance even further while making staking more accessible to everyone. The innovations around flexible fee structures and account abstraction will likely drive more users to the network, creating a larger pie for everyone rather than optimizing for short-term fees.
Web3 security platforms Immunefi and Dedaub are collaborating to enhance the capabilities of Immunefi’s newly launched security operations command center, Magnus. Together, Immunefi and Dedaub protect more than $220 billion in assets, with Dedaub offering security and auditing tools used by industry leaders including the Ethereum Foundation, Coinbase, EigenLayer, and Chainlink. The companies said in an announcement that their collaboration eyes an onchain firewall for Magnus, enabling real-time threat detection for users. Magnus is a recently introduced web3-focused SecOps command center designed to offer a single interface for security audits, bounties, network monitoring and firewalling. Meanwhile, Dedaub’s onchain firewall technology, powered by novel artificial intelligence models, offers a solution that protocols can leverage to block most malicious threats before they impact the platform. “Together, we’re building a firewall purpose-built for web3 — designed to proactively block exploits before they can compromise vulnerable contracts. This Firewall is a practical step toward making protocol defenses more automatic and more reliable,” Neville Grech, co-founder of Dedaub, said. Through the partnership, Dedaub’s proven threat prevention technology will be integrated into Magnus. This includes over 200 security audits across DeFi and EVM-compatible ecosystems, as well as static analysis, real-time monitoring, and smart contract decompilation tools. The firewall integration will also provide actionable alerts and automation tools. As well as Dedaub, Immunefi recently announced Plume Network as a Magnus founding customer, with the real world assets blockchain platform tapping into Immunefi for end-to-end security as it scales its RWAs footprint. Immunefi reported in April that crypto hack losses in the first four months of 2025 had already surpassed $1.74B billion, four times more than the $420 million the crypto market lost over the same period in 2024. Notably, the hacked amount jumped 9x in January this year. Currently, the $1.74 billion figure means crypto hack losses in 2025 had already surpassed the $1.49 billion looted the previous year. Bybit’s $1.5 billion hack accounts for most of this. Part of Immunefi’s effort to help has seen it pay out rewards amounting to more than $115 million to security researchers. Meanwhile, the platform claims its technology has helped avert over $25 billion worth of potential hack losses.
Plume , a modular Layer-2 blockchain for Real World Asset Finance ( RWAfi ), has partnered with Soneium , an Ethereum Layer-2 open blockchain developed by Sony Block Solutions Labs , to provide Soneium’s users with RWA staking and real-world yield through Plume’s native interoperability layer SkyLink. Per the press release shared with Cryptonews, the SkyLink integration enables users to stream real-world asset value and yield securely cross-chain. Therefore, they get access and exposure to asset-backed yield products, including yield from tokenized US Treasuries and private credit from the Plume chain, the team claims. The email states that the launch will “leverage a real-world asset distributor managing more than $4 billion in tokenized assets, including products from Ondo Finance , a major issuer of tokenized US treasuries.” 💿 🪶 Real World Assets Get a Major Boost – @plumenetwork partners with Soneium by @Sony Block Solutions Labs. SkyLink, Plume’s interoperability solution for cross-chain RWA yield distribution, is firing up real yield for millions of Soneium ecosystem users. ▶️… pic.twitter.com/3jwObGX7VE — Soneium 💿 (@soneium) April 30, 2025 Furthermore, the integration forms “an interconnected RWAfi network” to speed up mainstream RWA adoption. Plume CEO Chris Yin commented that the blockchain aims to advance RWAs in order to grow the crypto ecosystem as a whole. The partnership with Soneium will “accelerate previously inaccessible yield opportunities for over 5.1 million users in their ecosystem.” “The future of RWAfi isn’t just about assets living on a single chain, but enabling real yield to flow seamlessly wherever users are,” Yin says. According to Ryohei Suzuki, Director of Sony Block Solutions Labs, “the ability to offer access to real-world yield through tokenized assets is a major step forward in making blockchain services relevant to mainstream financial use cases. This partnership with Plume unlocks a compelling new layer of value for our ecosystem and users.” You might also like Chris Yin, CEO of Plume, on RWA-Flavored Crypto and Tokenizing Everything | Ep. 362 Plume Price and Soneium TVL Rising Plume says it’s a full-stack RWA Chain and ecosystem with more than 180 projects building on it. It offers an end-to-end tokenization engine, a network of financial infrastructure partners, and an EVM-compatible environment for onboarding and managing diverse RWAs. “Anyone can tokenize real-world assets, distribute them globally, and make them useful for native crypto users,” the team claims. At the time of writing, the PLUME token trades at $0.189. It’s up 11% in a day, 8.3% in a week, and 12.4% in a month. The coin hit its all-time high of $0.2475 in March 2025. It has decreased by 23.1% since. Source: CoinGecko Meanwhile, Soneium is a Layer-2 blockchain built on Optimism’s OP Stack , developed by Sony Block Solutions Labs, a joint initiative established by Sony Group Corporation and Startale Group. Soneium’s total value locked (TVL) has recently surpassed $100 million, now standing at $155.48 million, according to DeFiLlama. It’s up 15% over the past 24 hours. Source: DeFi Llama Earlier in April, Astar , a collective promoting Web3 adoption, partnered with decentralized protocol AltLayer and restaking protocol EigenLayer to build a Fast Finality Layer for Soneium . In March, Soneium joined hands with game software and venture capital company Animoca Brands and San FranTokyo , a core contributor to Anime Foundation . Animoca Brands’ flagship digital identity infrastructure platform, Moca Network , will create a premier identity layer on this blockchain. With this move, Soneium aims to expand into digital identity, popular anime like Solo Leveling, and gaming experiences, the press release says. Also in March, Soneium partnered with Japanese social media platform LINE to bring four gaming applications on-chain. You might also like Soneium Slashes Finality by 98% With Astar Network, AltLayer, and EigenLayer
Below is a summarized version of The Block Research's The State of Multichain Development: Benchmarking Across Ecosystems report. The full PDF version of this report is accessible here . The blockchain ecosystem is evolving beyond single-chain dominance toward a multichain future where specialized networks serve different purposes within a connected ecosystem. This "multichain thesis" posits that no single blockchain can optimally solve the fundamental trilemma of security, scalability, and decentralization for all use cases simultaneously. Instead, purpose-built chains with tailored trade-offs will form an interconnected network of blockchains, each optimized for specific applications or requirements. In practice, this multichain vision manifests as purpose-built architectures that enable applications such as high-throughput payment systems or data-intensive gaming to operate in tailored environments. Various multichain systems use different technical approaches to achieve this. Some distribute workloads across parallel chains, others build hierarchical layers that inherit security from a base chain, while modular designs separate blockchain functions like execution and data storage to optimize each independently. Within a multichain ecosystem, development teams gain significant advantages. They can create customized chains with governance models, tokenomics, and validator incentives specific to their applications, while benefiting from the shared security and interoperability the parent architecture provides. Additionally, by enabling applications to build on dedicated, specialized chains instead of a shared monolithic platform, multichain systems can potentially better isolate and contain risks, limiting the spread of vulnerabilities. These architectures also tackle the persistent scalability issues of single-chain networks by distributing transaction load across multiple chains, helping to reduce the congestion and fee spikes caused by competition for limited block space. While unlocking significant potential, multichain architectures introduce challenges that warrant careful consideration. The design of cross-chain communication layers influences how effectively liquidity flows between networks, with implications for capital efficiency and market depth across the ecosystem. Although these systems may better compartmentalize risk than single-chain networks, cross-chain messaging introduces new attack vectors. User experience often suffers when individuals have to use multiple wallets and interfaces to interact with applications distributed across different chains. Development teams also face increased overhead, needing to master different technical environments and security models for each chain they deploy on. With thoughtful selection and implementation strategies, however, these challenges can be effectively managed, allowing projects to capitalize on the benefits that well-designed multichain systems provide. The proliferation of multichain architectures has created a complex decision landscape for blockchain teams. Each framework involves fundamental trade-offs that impact application performance, security guarantees, and ecosystem integration. Technical choices made early in development can determine a project's ability to scale, interoperate with other protocols, and deliver seamless user experiences. This report provides a comparative analysis of leading multichain architectures to help teams navigate these critical infrastructure decisions with greater clarity and confidence. Developers must carefully weigh several key factors: Development Tooling and Infrastructure: The maturity of SDKs, documentation, and middleware directly impacts development speed and quality. More established ecosystems often provide robust tooling, while newer architectures may offer innovative capabilities but with less refined developer experiences. Fee Structures and User Experience: Transaction costs and user friction vary significantly across architectures. Rollup solutions offer dramatic fee reductions, while sovereign chains can customize fee structures for specific use cases. The emergence of account abstraction and gas optimization across multiple platforms is reshaping how users interact with blockchain applications. Security Models and Validator Economics: Different security approaches across platforms create varying risk profiles and economic structures, ranging from shared security layers to independent validator sets and cryptographic proofs. These differences fundamentally affect both the security guarantees and the operational costs of deploying on different architectures. This report examines a representative cohort of leading multichain architectures, categorized by their fundamental design approaches: Sovereign Ecosystem Networks (Avalanche L1s, Cosmos Appchains): Independent chains with dedicated validator sets, custom execution environments, and sovereign governance, prioritizing application-specific optimization with varying approaches to cross-chain interoperability. Layered Scaling Solutions (Arbitrum Orbit, ZK Chains): Inherit security from a base layer (typically Ethereum), maintain EVM compatibility, and settle transactions on the parent chain, balancing scalability with the established security of existing networks. Data Availability Separation Systems (Celestia Sovereign Rollups, EigenDA Rollups): Split blockchain functions into specialized layers, separating data availability from execution, allowing independent optimization of each component while enabling shared infrastructure across multiple execution environments. This classification framework highlights the fundamental architectural differences in how each approach balances security, execution, governance, and data availability. These key considerations help developers select an infrastructure that best aligns with their long-term strategic goals.
As the cryptocurrency market continues to evolve, unlocks or token releases play a crucial role in determining the next big moves in crypto. Unlocks refer to the release of previously restricted tokens into the market, and these events can have significant impacts on the price and liquidity of the tokens involved. If you’re a crypto investor, it’s essential to monitor these unlocks to stay ahead of the game. It’s important to mention that all information is according to data from TokenUnlocks at the time of writing (16:20 UTC, 20th of April). Now let’s dive into some of the top crypto unlocks you should be watching in the coming days. MRS (MRS) Price: $12.21 Unlock Date: 1 day, 7 hours, 41 minutes Market Cap : $122.1M MRS has been showing a slight dip of 4.09%, and with an unlock scheduled for the next day, traders will be closely watching for any price movements following the release of additional tokens. Given its current market cap, MRS could experience a sharp rise or fall depending on how the unlock impacts liquidity. EIGEN (EIGEN) Price: $0.840 Unlock Date: 2 days, 2 hours, 41 minutes Market Cap: $204.14M EIGEN has managed to maintain stability with a modest increase of 0.20%. With a market cap hovering at over $200 million, the unlock in the coming days could drive interest in this token, especially with over 244 million tokens in circulation. MURA (MURA) Price: $0.402 Unlock Date: 2 days, 7 hours, 41 minutes Market Cap: $5.01B MURA’s large market cap makes it a heavyweight to keep an eye on. Though it has seen a slight decrease of 0.97%, the upcoming unlock may stir significant action in the market, especially considering the large volume of tokens involved in the release. OM (OM) Price: $0.555 Unlock Date: 4 days, 7 hours, 41 minutes Market Cap: $536.12M OM’s significant 8.84% decrease could be linked to the anticipation of the unlock. As one of the top contenders with a decent market cap, traders are expecting potential volatility around the unlock. MOCA (MOCA) Price: $0.075 Unlock Date: 2 days, 7 hours, 41 minutes Market Cap: $182.25M MOCA, despite the 2.67% dip, has the potential for an uptick post-unlock. With over 2.43 billion tokens in circulation, the unlock could lead to substantial price movements depending on market sentiment. VENOM (VENOM) Price: $0.135 Unlock Date: 4 days, 15 hours, 41 minutes Market Cap : $279.39M VENOM has been showing growth with a 5.34% increase. With a large number of tokens (2.07 billion) set for release, investors will be watching carefully to see if the positive momentum continues post-unlock. FET (FET) Price: $0.599 Unlock Date: 7 days, 7 hours, 41 minutes Market Cap: $1.56B FET, with a solid market cap and a remarkable 8.28% increase, is one of the biggest tokens to keep an eye on in the coming days. The large volume of tokens set to unlock could lead to a dramatic price shift, especially given its historical price movements. CELO (CELO) Price: $0.302 Unlock Date: 7 days, 7 hours, 41 minutes Market Cap: $170.35M Despite a 2.38% drop, CELO’s upcoming unlock might present a buying opportunity for traders anticipating a price spike once the tokens are available. With more than half a billion tokens circulating, the unlock could influence its price in a positive or negative direction. TRIBL (TRIBL) Price: $0.011 Unlock Date: 8 days, 7 hours, 41 minutes Market Cap: $682.22M TRIBL is facing a steep 19.74% decline, and with the unlock coming in the next few days, market watchers are uncertain about what the future holds. Given the low price and large unlock, the token might see some significant price swings. These crypto unlocks are poised to bring either significant volatility or new opportunities to the market in the coming days. Whether you are a short-term trader or a long-term investor, it’s critical to stay updated and be prepared for how these events might affect your portfolio. Make sure to monitor market sentiment closely as these unlocks unfold and adjust your strategy accordingly! Source
Lombard has partnered with Eigenlayer and the Eigen Foundation to integrate bitcoin into Eigenlayer’s restaking ecosystem, marking the first time Bitcoin (CRYPTO:BTC), via Lombard’s LBTC (CRYPTO:LBTC) token, will be used as collateral for decentralised services on Ethereum (CRYPTO:ETH). This collaboration allows bitcoin holders to restake LBTC, a liquid staking token native to Ethereum, enabling them to earn yield while securing Autonomous Verifiable Services (AVSs) such as Layerzero and Babylon-validated networks. Eigenlayer, a protocol built on Ethereum, extends the security of staked assets by allowing restaking, which increases capital efficiency and provides additional rewards for participants. Lombard’s LBTC integration unlocks dual rewards: base yield from Babylon and extra earnings through Eigenlayer restaking. The Eigen Foundation plans to incentivise LBTC adoption across Eigenlayer’s ecosystem, which currently supports over 190 AVSs and 80,000 staking addresses. Lombard and Eigenlayer are also researching slashing risk management to enhance security for bitcoin restaking. A Decentralized Validation Node (DVN), developed in collaboration with Layerzero, will improve cross-chain data availability, aligning with Eigenlayer’s modular infrastructure to foster interoperability. The partnership aims to shift Bitcoin’s role from a passive store of value to an active participant in decentralised innovation within the Ethereum ecosystem. “This integration redefines BTC’s utility by enabling holders to contribute to securing decentralized services while earning rewards,” according to the announcement. At the time of reporting, the Bitcoin price was $94,791.89 and the Ethereum price was $1,802.91.
according to official sources, the Eigen Foundation has announced the launch of a community incentive and funding program, aimed at supporting the long-term development of the EigenLayer ecosystem through EIGEN tokens. In 2025, it plans to allocate 40 million EIGEN tokens for two funding programs: open innovation funding and strategic funding. It is reported that at the end of each quarter, the foundation will allocate funds and the team will write a transparency report. The committee will verify the report to ensure that all allocations are consistent with the annual plan and deployed in a responsible and diligent manner.
According to official news, the Eigen Foundation has announced the launch of a community incentive and grant program aimed at supporting the long-term development of the EigenLayer ecosystem through EIGEN tokens. By 2025, they plan to allocate 40 million EIGEN tokens for two grant programs: Open Innovation Grants and Strategic Grants. It is reported that at the end of each quarter, the grant team of the foundation will compile a transparency report, which will be verified by the committee to ensure that all grants align with the annual plan and are deployed responsibly and diligently.
PANews April 29, according to The Block, Bitcoin re-staking platform Lombard has partnered with the Eigen Foundation, which oversees the governance of the Ethereum re-staking protocol EigenLayer, to introduce Lombard's liquid staking token LBTC into the EigenLayer re-staking ecosystem. This collaboration allows Bitcoin holders to earn basic returns through the Babylon Protocol while participating in EigenLayer re-staking for additional rewards. Jacob Phillips, co-founder of Lombard, stated that this is the first time Bitcoin is accessing the re-staking ecosystem in the form of LBTC, marking a breakthrough in Bitcoin's shift from a value storage to an income tool. Both parties also plan to strengthen Bitcoin's re-collateralization security and slashing design through collaboration in the next six months.
NodeOps, a top blockchain node orchestration platform, has announced a major milestone as it becomes a key validator partner for several enterprises in the crypto venture capital space. In an announcement, NodeOps said it had partnered with Maven 11, Spartan Group, Bitscale Capital, Momentum 6, and ARC Community, among other enterprises. The platform is now a key node operator for these firms, bringing its plug-and-play Node-as-a-Service solution to more industry players. NodeOps’ traction as a validator has seen it attract more than 705,000 verified users. “Trusted by enterprises and institutional-grade validators alike, NodeOps combines real-time AI-powered monitoring with top-notch security, simplicity, and scalability,” Naman Kabra, co-founder and chief executive officer of NodeOps said. “As companies are moving away from managing their own infrastructure, NodeOps is becoming the preferred partner for those seeking reliability and future-ready solutions,” he added. Data from Dune showed the platform netted more than $460k in revenue over 30 days. The milestone puts NodeOps among the top three platforms by revenue in the decentralized physical infrastructure network market. The validator platform’s total revenue, per Dune data , currently stands at over $3.6 million. As crypto.news highlighted , NodeOps’ total revenue surpassed $2.5 million in February 2025. Growth has come amid rising institutional adoption. Month-on-month revenue has grown from $180,000 in February to $388,000 in March and $547,000 in April. NodeOps is self-sustainable, with its revenue coming from its core functionality and offerings, as opposed to tapping into the traditional token-based approach. The $NODE token serves as the network’s economic backbone, driving decentralization and ecosystem growth. Meanwhile, NodeOps has over 113,000 monthly active users, with MAU subscriptions rising amid a surge of partner chains to 51. Key partners include EigenLayer, Aethir, OffChain Labs, Polygon, 0G Labs, and Movement Labs, among others. NodeOps currently boasts about $90 million in assets under management.
Taurus SA, a Deutsche Bank-backed crypto management platform, announced a partnership with digital asset infrastructure provider Figment to improve staking compliance and security practices for banking clients. The integration makes Figment’s technology — currently powering over $15 billion in staked assets — available for Taurus' institutional customer base, according to a press release. This will allow Taurus' corporate customers worldwide to securely stake cryptocurrencies such as Ethereum, Solana, and more than 30 other proof-of-stake native tokens to earn rewards. Figment users also gain access to Taurus PROTECT, the fintech’s flagship custodial solution custom-made for large entities like banks. Taurus’ Chief Marketing Officer Victor Busson stressed that global players should benefit from this collaboration, born out of two firms that “share a deep institutional DNA.” "We're pleased to partner with Taurus to deliver Figment's industry-leading staking services securely through Taurus PROTECT," Eva Lawrence, Figment's regional managing director for EMEA, added in a statement. Crypto staking has attracted billions of dollars in capital across multiple verticals. Users have deposited north of $38 billion in liquid staking protocols like Lido and at least $16 billion in restaking services such as EigenLayer , per DefiLlama. Founded in 2018, Swiss FINMA-regulated fintech company Taurus offers an array of products, including tokenized securities and crypto custody for financial institutions. In early April, the firm unveiled an interbank digital asset network to optimize settlement and collateralization. Figment manages over $15 billion in assets for more than 700 clients, per the platform’s website. During the exchange-traded fund craze in early 2024, it joined hands with Apex Group to launch Ethereum and Solana staking ETPs .
The crypto market is facing a harsh reality for investors who bet on locked tokens. According to recent data, between May 2024 and April 2025, these investors recorded an average loss of 50% compared to over-the-counter (OTC) valuations, worsening distrust towards new projects. In Brief Locked tokens generated average losses of 50%, worsening crypto investors’ distrust. Over 40 billion dollars in altcoins will soon be unlocked, increasing market pressure. In 2025, only strong projects with high demand will succeed in standing out. Severe Losses for Holders of Locked Tokens Between May 2024 and April 2025, investors who bought locked tokens suffered an average loss of 50% compared to over-the-counter valuations, according to STIX. Some cryptos like Scroll (SCR) and Blast (BLAST) dropped by more than 85%, while Eigenlayer (EIGEN) lost 75%. In comparison, the overall crypto market fell by only 40.7% during the same period. The contrast is even more stark against Bitcoin ( BTC ), which gained 45% in the same timeframe. Moreover, a dollar invested in a locked token would currently be worth only 0.25 dollar on the OTC market. These alarming results illustrate the major risk associated with prolonged vesting periods, which prevent any quick exit and expose crypto investors to uncontrolled price drops. Consequences for the Crypto Market and 2025 Forecasts With more than 40 billion dollars in locked altcoins about to be released, the crypto market could face massive selling pressure. This excess supply is likely to prolong the bearish trend on new projects. However, the shortening of vesting periods observed in 2025 could partially limit the damage. Analysts anticipate a more selective market: only crypto projects showing strong traction and sustained organic demand should succeed in outperforming this year. Facing historic losses of nearly 100 million dollars and the massive arrival of tokens on the market, caution is more necessary than ever in the crypto world. In 2025, only solid projects will survive this pressure. Investors will need to be extra vigilant to navigate an environment that has become much more selective.
The Bitcoin restaking platform Lombard and the Eigen Foundation, which oversees governance of the Ethereum restaking protocol EigenLayer, have partnered to bring Lombard's liquid staked bitcoin token, LBTC, into the EigenLayer restaking ecosystem. EigenLayer is a protocol that lets stakers reuse their staked assets across decentralized services. This latest partnership will allow bitcoin holders to earn base yield via the Bitcoin staking protocol Babylon as well as rewards through EigenLayer's restaking, according to a release shared with The Block. Lombard Finance and the Eigen Foundation also plan to bolster Bitcoin restaking security and slashing design over the next six months through their partnership. More broadly, the two organizations aim to grow Bitcoin beyond a store of value into a tool for accessing yield and utility through expanded LBTC use cases. "Partnering with EigenLayer creates a landmark moment for Bitcoin, bringing LBTC as the first BTC asset into the restaking ecosystem," Lombard Finance co-founder Jacob Phillips told The Block in an email. "This collaboration unlocks new rewards opportunities for Bitcoin holders while strengthening decentralized infrastructure across the ecosystem." "Lombard is an incredible addition to the ecosystem, their impressive experience in the BTC ecosystem will be a welcome force to provide additional and diverse security to AVSs," said Luke Hajdukiewicz, Eigen Lab's head of AVS business development, in an email to The Block. Lombard's partnership with EigenLayer comes amid broader moves to bolster Bitcoin staking adoption. The platform launched a new tool for developers to more easily integrate LBTC minting and Bitcoin staking into their decentralized applications on April 17, with the crypto exchanges Bybit and Binance onboarded as early users, The Block previously reported. It raised $16 million last year to expand LBTC. Bitcoin is the world's most valuable cryptocurrency by market capitalization of $1.9 trillion , according to The Block's BTC price page.
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