🔥 Crypto News: ETH Restaking Booms 🔥

- ETH restaking surges as staking rates drop, according to P2P.org. 📉

- Staking is locking crypto to receive rewards, important for PoS network security.

- Restaking allows ETH to be reused to receive more rewards, increasing network security.

- On August 15, ETH supply exceeded 120 million due to increased restaking.

- Artemiy Parshakov (P2P.org) attributed the trend to competition among staking service providers.

- Alessandro Maci (P2P.org) said that the announcement of EigenLayer and the Symbiotic protocol has boosted restaking.

What do you think about this trend? Comment now! 💬#Crypto#ETH #Blockchain