Liquid Re-staking: Hype or Hibernate? šŸ¤” Ah, crypto narrativesā€”blink, and youā€™ll miss the latest trend! Remember the buzz around ā€œLiquid Re-stakingā€ earlier this year? With protocols likeĀ $ETHFI ,Ā $REZ , andĀ #pufferfinance grabbing the spotlight and boasting a combined market cap of overĀ $15Ā billion, it was all anyone could talk about. šŸŽļøāš”Fast forward to now: the assets are still locked in at a solidĀ $14.6 billion, but letā€™s be honestā€”the hype train has left the station.

Why? Memecoins šŸ¶šŸ¦ŠšŸø crashed the party (as they do) with promises of sky-high returns (and risks to match). Add to that the start of altcoin season, and suddenly, our re-staking heroes feel like yesterdayā€™s news. Sure,Ā #REZ andĀ #ETHFI are up 30% in the past weekā€”a decent moveā€”but compared to some altcoins that have gone full rocket mode, it feels... tame.

Now, for the OGs who bought in during the March 2024 peak, when liquid re-staking was the crypto flavor of the month, the pain is real. šŸ¤• These tokens are still trading 70-80% below their ATH, leaving many hodlers reminiscing about "what couldā€™ve been." šŸ¤’šŸ™Š

But hey, thereā€™s a silver lining: REZ is making a quiet comeback. šŸ‘€ Over the past 30 days, its TVL has doubled, reaching a respectableĀ $1.67 billion. So, is the liquid re-staking glory train revving up again? Only time will tell. Meanwhile, weā€™re here with crossed fingers, watching and hoping for a second act! šŸ¤žšŸ’Ŗ DYOR!Ā #LiquidRestaking