EigenLayer Overtakes Aave In TVL Rankings; Ethereum Inches Closer to ATH; NuggetRush Enters Launchpad Round of Presale

TLDR

• EigenLayer surpasses Aave in TVL rankings after hitting $11 billion.
• Ethereum nears its peak following a persisting rally.
• NuggetRush prepares for launch, with analysts predicting a 65x jump.

This year hasn’t been short of exciting developments, from the massive JUP and DYM airdrops to surprising ones like EigenLayer flipping Aave (AAVE) in TVL rankings. Earlier this week, restaking protocol EigenLayer’s TVL ranking hit a staggering $11 billion, surpassing Aave.

Meanwhile, in the crypto market and riding the bullish wave, is Ethereum (ETH). It hit $3,900 for the first time in two years, inching closer to its all-time high (ATH)—a hair’s breadth away. 

At the same time and sharing the spotlight is NuggetRush (NUGX), an exciting P2E memecoin. It entered the launchpad round of its presale earlier this week, with early holders anticipating explosive growth after its market debut.

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NuggetRush (NUGX): Launchpad Round of ICO

NuggetRush (NUGX), one of the most-anticipated altcoins, entered the launchpad round of its presale earlier this week, sending ripples of excitement within its fast-rising community. This exciting crypto stands at the intersection of play-to-earn (P2E), memes and NFTs, making it appealing to most, if not all, investors.

As a utility-backed memecoin, its value will be propelled by both hype and real demand. Its intense volatility and tight-knit community, along with other memetic appeals, are expected to send its price to the moon. That isn’t all; as a coin with real-world applications, it will serve as the in-game currency and a governance token.

Token holders will have a say in the future of the game and the ecosystem. The P2E game, which will be built around gold mining, is expected to shake up the gaming world. Players will go on exciting quests and collect tangible items, which they can trade or exchange on the NFT marketplace for real-world assets.

In the launchpad round of the ICO, a token costs only $0.019. Meanwhile, experts predict an explosive surge after its market debut, suggesting a 65x upswing—full send! If you wish to Lambo, a popular saying in the crypto space, you can participate in the presale now.

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EigenLayer Surges Ahead of Aave (AAVE): 

EigenLayer is a restaking protocol on Ethereum. It rose to prominence after temporarily removing a cap on staking, allowing users to restake their already-staked tokens. It has this strategic move to thank for its TVL surge, recently hitting an all-time high of $11 billion and surpassing Aave.

Its rapid ascent highlights the evolving landscape of DeFi (decentralized finance) protocols, with liquid staking platforms emerging as key players. More importantly, EigenLayer flipping Aave underscores the growing prominence of liquid staking protocols in the DeFi ecosystem and the wider crypto scene.

EigenLayer is now the second-largest protocol in TVL after surpassing Aave; it trails only Lido, which boasts a staggering $37 billion in TVL. Hopefully, its lead holds.

Ethereum (ETH): Racing Towards a New Peak

Following Bitcoin’s new all-time high in March, eyes are currently on Ethereum (ETH) to replicate this remarkable feat—it hasn’t disappointed so far. It hit $3,900 earlier this week, a level last seen two years ago. With its traction rising, it inches closer to its ATH of $4,800.

Ethereum’s latest run is being fueled by anticipation of the approval of spot ETH ETFs. After the US SEC approved Bitcoin ETFs in January, optimism is high about the regulatory body also giving the green light to spot Ethereum ETFs.

With fresh liquidity to flow into the crypto market as we enter a bull run and spot ETH ETFs are approved, Ethereum is one of the best cryptos to buy now. To ride its bullish wave, we suggest adding ETH to your portfolio now.

Conclusion

EigenLayer sent shockwaves across the crypto landscape after flipping Aave in TVL. Meanwhile, Ethereum nears its peak following a remarkable jump, while NuggetRush, a top ICO, prepares for launch. Poised to skyrocket, you can become an early NUGX adopter by clicking the link below.

Visit NuggetRush Presale Website