🔗 EIGEN Eyes Higher Ground
EIGEN, trading around $1.90 with a $644M market cap, powers EigenLayer, Ethereum’s restaking protocol. It lets ETH stakers earn extra rewards by reusing security, making it attractive for developers, though still less known among everyday traders. 🧠⚡
Lately, EIGEN has seen solid gains, showing stronger interest as DeFi builders explore its unique model. Still, the token faces risks like heavy competition from other staking solutions, regulatory uncertainty, and limited listings. How fast DeFi projects adopt EigenLayer will play a big role in EIGEN’s price growth. 📈🔥
For early October, traders may eye a buy zone at $1.80–$1.95, set a stop loss near $1.50, and target profits at $2.50–$3.50 if momentum continues. With Ethereum’s ecosystem expanding, EIGEN could see more upside — but caution and smart risk management are key. 💼🚀
