Stock market information for Eigenlayer ($EIGEN )
Eigenlayer is a crypto in the CRYPTO market.
The price is 1.14 USD currently with a change of 0.15 USD (0.15%) from the previous close.
The intraday high is 1.35 USD and the intraday low is 0.982293 USD.
š Key Trading Metrics
Current Price : \$1.14 USD
24h Range : \$0.982 ā \$1.35 USD
Market Cap : Approximately \$313.5 million USD
24h Trading Volume : Approximately \$254.6 million USD
Circulating Supply : \~274.76 million EIGEN
All-Time High (ATH) : \$5.65 USD on December 17, 2024
All-Time Low (ATL) : \$0.665 USD on April 7, 2025
š Technical Overview
Price Movement : EIGEN has experienced a significant rebound, rising approximately 71.4% from its all-time low in April 2025.
Market Activity : The 24-hour trading volume has surged to approximately \$254.6 million USD, indicating heightened market interest.
Exchange Listings : EIGEN is actively traded on major exchanges such as Binance, OKX, and Gate.io, with the EIGEN/USDT pair on Binance accounting for a significant portion of the trading volume.
š§ Trading Strategy Suggestions
Short-Term (1ā2 weeks) :
Entry Point : Consider entering if EIGEN maintains support above \$1.00 USD, indicating potential for continued upward momentum.
Target : Monitor for a breakout above the recent high of \$1.35 USD, which could signal a move towards the \$1.50 USD level.
Stop-Loss : Set a stop-loss slightly below the \$1.00 USD support to manage downside risk.
Mid-Term (1ā3 months) :
Accumulation Zone : If EIGEN consolidates between \$1.00 and \$1.50 USD, consider accumulating positions in anticipation of a breakout.
Target : Aim for the \$2.00ā\$2.50 USD range, aligning with potential recovery towards previous highs.
Long-Term (6ā12 months) :
Investment Thesis**: Given EigenLayer's role in enhancing Ethereum's security through restaking mechanisms, long-term holding could be beneficial, especially if EIGEN approaches its previous all-time high of \$5.65 USD.
Risk Management : Regularly review the project's developments, user adoption rates, and broader market conditions to adjust your investment strategy accordingly.
ā ļø Considerations
Market Volatility : Cryptocurrency markets are inherently volatile; prices can fluctuate significantly in short periods.
Regulatory Environment : Changes in cryptocurrency regulations can impact EIGEN's price and adoption.
Project Developments : EigenLayer's success hinges on its ability to deliver on its restaking functionalities and expand its user base within the Ethereum ecosystem.
