Ethereum edges near $4000 as EigenLayer becomes second-largest DeFi protocol
Ethereum Ethereum edges near $4000 as EigenLayer becomes second-largest DeFi protocol Balita ng Ethereum ng Bitcoin Ethereum, the second-largest digital asset by market capitalization, is trading near the pivotal $4000 milestone for the first time since December 2021, up 15% during the past week. Amid this price rally, leading restaking protocol EigenLayer is now the second-largest DeFi protocol in terms of total value locked, according to DeFillama data. Ang presyo ng ETH Ethereum is currently priced at $3954 following a 4% gain during the past day, according to data. This upward movement in Ethereums value can be linked to the excitement surrounding the upcoming Dencun upgrade scheduled to go live on the mainnet by Mar. 13. Dencun brings proto-danksharding to Ethereum, a strategic move aimed at lowering transaction expenses for layer-2 blockchains, thus tackling scalability concerns head-on. Moreover, the market is anticipating the potential approval of a spot ETH ETF by the US SEC. Should this approval materialize, it could serve as a significant catalyst propelling the ongoing price surge even further. EigenLayer‘s TVL soared to an all-time peak of $11.7 billion during the week, surpassing Aave’s TVL of $11.4 billion. Notably, on Mar. 5, the protocol witnessed a staggering $790 million positive change in TVL, marking its highest daily