Withdrawals from PoS network validators push Ethereum restaking protocols’ TVL past $30 billion

Odaily Planet Daily News: As validators withdraw from native staking, funds are shifting massively to liquidity re-staking protocols, and the total locked-in amount of the entire network has reached 30 billion US dollars.

Since the beginning of this year, protocols like EtherFi and Eigenpie have rapidly captured market share, driving structural changes in Ethereum's staking model. Analysts point out that this isn't a bearish sentiment, but rather a result of ETH holders seeking higher returns and liquidity: retaining exposure to staking rewards while also earning additional returns through tradable tokens.

As the market stabilizes and DeFi becomes more resilient, user strategies are becoming more sophisticated, moving from simple staking to more advanced DeFi positions with potentially higher returns. (The Block)