EigenLayer Restaking Protocol Raises $100M Despite Buterin's Caution Over Ethereum Network Strain
• Eigen Labs, developer of EigenLayer restaking protocol, raises $100M from a16z crypto • EigenLayer allows staked ETH to secure additional networks, driving "restaking" trend • EigenLayer TVL recently soared to nearly $8B as liquid staking platforms like Ether.fi build on top • EigenLayer's first actively validated service, EigenDA, to launch later this year • Buterin cautioned restaking like EigenLayer risks overstraining the Ethereum network