ALERT EVERYONE ‼️‼️‼️‼️
EigenLayer's market dominance dropped to a low of 92.2%, signaling increased competition in the restaking sector. Both Karak and the Paradigm-backed Symbiotic, though smaller in scale, achieved notable growth: Symbiotic hit its initial US$200M deposit cap in just one day, while Karak's TVL exceeded US$1B for the first time.
Despite this, EigenLayer's first-mover advantage suggests that Karak and Symbiotic still have considerable work to do to advance further in this rapidly evolving sub-sector.
#US_Job_Market_Slowdown #BinanceTournament #Megadrop #CPIAlert