EigenCloud (prev. EigenLayer)
EIGEN#181 by market capNot covered. The criterion it missed: documentation found but no public code repository listed.
EigenCloud (prev. EigenLayer) is for restaking. We have not written its record yet, so its promises are not checked. It trades at $0.1988, #181 of all coins by size, 96% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. +79% to match its rivals. Nothing to be careful of on the record.
Is it real?
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Passes all four
- ✓A real-world jobReal-world purpose: restaking
- ✓Real backingBacking: backed by Polychain Capital; trades on Coinbase, Crypto.com, Kraken
- ✓Something aheadAhead: news this month about upgrade
- ✓Room to growRoom: worth $183.45M, 17 times smaller than NEAR Protocol, the biggest coin within reach doing the same thing (Data Availability)
Backed by Polychain Capital
- Origin16 December 2024about about 21 monthsTagged Made in USA on CoinGeckoeigencloud.xyz, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
- BackingPolychain CapitalInvestor tags from CoinGeckoListed on Coinbase, Crypto.com, Kraken, Binance
- Standing on the recordNo recordNo dated promise to judge yet1 headline last month29,382 people keep it on a CoinGecko watchlistNo corrections needed so far
- Real-world purpose: restaking
- Backing: backed by Polychain Capital; trades on Coinbase, Crypto.com, Kraken
- Ahead: news this month about upgrade
- Room: worth $183.45M, 17 times smaller than NEAR Protocol, the biggest coin within reach doing the same thing (Data Availability)
To be worth what the typical coin in Data Availability is worth ($328.59M), its price would need to rise 79%, to about $0.3561. To match the leader, NEAR Protocol, 1581%.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Only 1 headline named it last month
- Years younger than the group's leader
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Restaking
16 coins tagged Restaking, worth $1.38B together. #3 of 16 by worth.
Data Availability: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
EigenCloud (prev. EigenLayer)$183.45Mthis coin−3.4%no maxno record
NEAR Protocol$3.08B16.8× bigger, +$2.9B−2.5%, gap +0.9no maxnone dated
Celestia$335.12M1.8× bigger, +$151.67M−3.4%, gap +0.0no maxnone dated
Unibase$328.59M1.8× bigger, +$145.15M+0.0%, gap +3.425% outnone dated
BSquared Network$17.62M10.4× smaller, −$165.83M+5.0%, gap +8.420% outno record
Avail$8.34M22.0× smaller, −$175.11M+0.9%, gap +4.3no maxno record
Data Availability: this coin next to NEAR Protocol, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- EigenCloud (prev. EigenLayer) says
- Renzo is a restaking protocol that abstracts and manages AVS strategies for Liquid Restaking Tokens (LRTs).
- NEAR Protocol says
- NEAR is a blockchain platform that says it is built to support AI agents and to let people move assets across many different blockchains from one account.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Renzo is a restaking protocol that abstracts and manages AVS strategies for Liquid Restaking Tokens (LRTs), making Ethereum and Solana restaking ezpz and accessible to everyone. The products $ezETH, $pzETH, and $ezSOL serve as interfaces to the EigenLayer, Symbiotic, and Jito Network ecosystems, respectively.
Problem it says it solves: restaking. 16 coins are working on it and together they are worth $1,377,928,186. This coin is 13% of that.
Where it trades: Coinbase, Crypto.com, Kraken, Binance, Binance US
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Data Availability: this coin next to the group's largest, NEAR Protocol.
| EigenCloud (prev. EigenLayer) | NEAR Protocol | |
|---|---|---|
| Years trading | 2 years | 6 years |
| Major exchanges | 9 | 10 |
| Named backers | 1 | 5 |
| Headlines, last month | 1 | 117 |
| Promises delivered | no record | no record |
What it says is different: Renzo is a restaking protocol that abstracts and manages AVS strategies for Liquid Restaking Tokens (LRTs), making Ethereum and Solana restaking ezpz and accessible to everyone. The products $ezETH, $pzETH, and $ezSOL…
It is 5.9% the size of NEAR Protocol. On the facts above it is behind on years trading, major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $5.65 on 16 December 2024. Today is 4% of that.
50%
of all EIGEN that will ever exist is already out in public hands: 922.93M coins.
50% (919.56M coins) is not yet created or held by the project. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Runs a staking service
The project stakes other people's coins. What its own coin gets you is whatever its pages say, usually a vote and a share of fees.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- 922.93Min circulation of 1.84B total. No hard maximum is set, so more can be created.
- 2.0×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $5.65 on 16 December 2024. That is −96.5% from the top.
- #181by market cap, $183,447,578.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $6.62B is locked in it right now
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Headlines per day, last 30 days
1 headline named this coin in the last month.
What they were about
- Upgrade1
Headlines are the publishers' own. News is never placed next to price.
The record itself
Not covered. The criterion it missed: documentation found but no public code repository listed.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy