Liquid restaking on Ethereum has witnessed explosive growth in 2024. The Total Value Locked (TVL) has surged from $284 million at the start of the year to $17.26 billion by mid-December. This remarkable 6,000% increase underscores the growing demand for staked asset utility and capital efficiency in decentralized finance (DeFi).
In the past month, several cryptocurrency firms hit new milestones in on-chain activity and total value-locked in their ecosystems. In the last 24 hours, Symbiotic, a restaking protocol launched on June 11, 2024, hit a new milestone. Notably, it surpassed $1 billion in TVL within a month of its market
In the realm of cryptocurrency, the name Justin Sun, is widely recognized. Apart from his engagement in central exchanges like HTX, Sun extends his remarkable strategies to the blockchain ecosystem. Many seasoned miners closely monitor his on-chain activities. Recent reports reveal the crypto tycoon’s significant stakes in the Restaking space,
