🚀 **Crypto News Flash: EigenLayer's $11B TVL Sparks Debate!** 🚀

- **EigenLayer** is making waves with $11 billion in total value locked (TVL), trailing only behind Lido and Aave.

- The project has raised $600 million from big names like Coinbase Ventures and a16z.

- **Hot Topic**: EigenLayer's restaking is a key narrative for 2024, but it's currently more suited for retail investors than institutions.

- **Institutional Hurdles**: Issues include integration with custodians, performance guarantees, and reward mechanisms.

- **Smart Contract Risk**: A major concern for institutions, making them cautious.

What do you think? Will EigenLayer adapt for institutional needs? Share your thoughts below! 💬