I'm holding onto both my $ENA and $EIGEN l airdrops here is why👇👇. Their potential is substantial, and both projects are undergoing significant development.
The $ENA team is focusing heavily on integrations. I'd argue that ENA is becoming the 'ETHERFi' $ETHFI of stablecoins. They're about to launch Etheral, a trading platform leveraging ENA protocol liquidity.
As for Eigen, I'm bullish due to its strong backing and its potential to compete with Symbiotic. It aligns with the Liquid Restaking Token (LRT) narrative, which could be a major theme this market cycle.
Consider this: If Celestia, solely a data layer solution, reached $21, Eigen has room for significant growth. EigenLayer's Data Availability (DA) solution is already being utilized by prominent projects like Mantle Network.
this cycle narrative will be restaking so I’m focusing on the top tier protocol that utilizes $EIGEN which is $ETHFI if you look at where is smart money on arkham, dune, and other sites you’ll see they’re all accumulating $ETHFI #WeAreAllSatoshi #EIGENonBinance
A whale withdrew 490,993 ETHFI ($3M) from Binance 2 hours ago, becoming the largest ETHFI individual/institutional currency holding address on the chain (excluding project contract/market maker/exchange addresses).