EIGEN(Eigen Layer), the native token of the Eigen Layer protocol, witnessed a significant surge in value upon its trading commencement on Binance. The token reached a peak of $4.94 soon after its debut on the popular cryptocurrency exchange. At the time of writing, EIGEN is trading at $4.509 USDT on Binance, showcasing a remarkable performance since its launch. This development signals strong market interest in the Eigen Layer protocol and its potential applications in the decentralized finance (DeFi) space. Eigen Layer is a blockchain-based data oracle platform that provides decentralized data feeds to smart contracts and other applications. It aims to enhance the reliability and security of data in the DeFi ecosystem, enabling developers to build more robust and trustworthy applications. The listing of EIGEN on Binance is expected to further boost its visibility and accessibility, potentially attracting a wider range of investors and users. As the DeFi market continues to evolve, Eigen Layer and its native token are poised to play a significant role in shaping the future of decentralized finance.