**News Flash: EigenLayer's Token Set for Bullish Debut**

EigenLayer's native token, EIGEN, is about to unlock, and the market is buzzing. Trading data from decentralized exchanges like Aevo and Hyperliquid suggest a bullish start, with EIGEN's spot price hovering around $4.

Since its launch in May, EIGEN has been non-transferable, but perpetual futures indicate strong interest. The token will unlock at 5:00 a.m. UTC on Oct. 1 and will be available on major exchanges like Binance and BitFinex.

With a total supply of 1.67 billion, EIGEN's fully diluted value could exceed $6.7 billion. Approximately 200 million tokens will be in circulation initially. Early over-the-counter trades priced EIGEN as high as $10, but recent trades suggest a more modest $3.50.

EigenLayer's total value locked (TVL) stands at nearly $12 billion, and the platform continues to attract more protocols. EigenDA and other networks are already rewarding restakers in ETH and EIGEN, fueling further interest.

Stay tuned as EIGEN hits the market!