Market Capitalization:2 532 863 608 711,7 USD
Vol. in 24 hours:95 358 595 804,76 USD
Dominance:BTC 59,86%
ETH:9,85%
Market Capitalization:2 532 863 608 711,7 USD
Vol. in 24 hours:95 358 595 804,76 USD
Dominance:BTC 59,86%
ETH:9,85%
Market Capitalization:2 532 863 608 711,7 USD
Vol. in 24 hours:95 358 595 804,76 USD
Dominance:BTC 59,86%
ETH:9,85%
Market Capitalization:2 532 863 608 711,7 USD
Vol. in 24 hours:95 358 595 804,76 USD
Dominance:BTC 59,86%
ETH:9,85%
Market Capitalization:2 532 863 608 711,7 USD
Vol. in 24 hours:95 358 595 804,76 USD
Dominance:BTC 59,86%
ETH:9,85%
Market Capitalization:2 532 863 608 711,7 USD
Vol. in 24 hours:95 358 595 804,76 USD
Dominance:BTC 59,86%
ETH:9,85%
Market Capitalization:2 532 863 608 711,7 USD
Vol. in 24 hours:95 358 595 804,76 USD
Dominance:BTC 59,86%
ETH:9,85%
Market Capitalization:2 532 863 608 711,7 USD
Vol. in 24 hours:95 358 595 804,76 USD
Dominance:BTC 59,86%
ETH:9,85%
Market Capitalization:2 532 863 608 711,7 USD
Vol. in 24 hours:95 358 595 804,76 USD
Dominance:BTC 59,86%
ETH:9,85%
Market Capitalization:2 532 863 608 711,7 USD
Vol. in 24 hours:95 358 595 804,76 USD
Dominance:BTC 59,86%
ETH:9,85%
Yes
>>Kraken's ETH deposit spotlights the restaking paradox, showing Eigencloud's $6.5 billion TVL contrasted with a 96% plunge in EIGEN's price.

Kraken's ETH deposit spotlights the restaking paradox, showing Eigencloud's $6.5 billion TVL contrasted with a 96% plunge in EIGEN's price.

crypthub
Kraken's ETH deposit spotlights the restaking paradox, showing Eigencloud's $6.5 billion TVL contrasted with a 96% plunge in EIGEN's price.

Kraken Deposits Ether into Eigencloud

Crypto exchange Kraken has transferred ether to Eigencloud, the leading restaking protocol on the Ethereum network.

Eigencloud Token Performance

The platform’s native EIGEN token is trading roughly 96% below its all‑time high, even though it holds over $6.5 billion in total value locked.

Implications for Institutional Interest

Kraken, one of the largest U.S.–based cryptocurrency exchanges, signals growing institutional interest in Ethereum restaking through this deposit.