Binance recently announced the listing of EigenLayer (EIGEN) on October 1, 2024, with several new trading pairs including EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD, and EIGEN/TRY. The Seed Tag has been applied to EIGEN, signaling that it is considered high-risk and volatile. Binance's decision not to charge any listing fees for EIGEN further shows their support for the project.
EigenLayer is a decentralized staking protocol on Ethereum, allowing users to stake ETH to secure other networks. With the Seed Tag, users are advised to proceed cautiously, as newly listed tokens on Binance have historically shown mixed results in performance.