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Summary EigenLayer's TVL increased from $250 million to $1.7 billion in just one month. The re-staking sector is witnessing extraordinary growth. However, it is important to note that, in comparison to the overall volume of LSD, the re-staking sector still has considerable room for growth. For users primarily holding ETH, depositing ETH in LSD protocols like Lido and then re-staking the acquired stETH to earn another profit presents a more advantageous strategy over the long term. Additionally, apart from the anticipated EigenLayer airdrop, projects like AltLayer will also airdrop their tokens to EigenLayer re-stakers. This could result in profits significantly surpassing initial expectations.





A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted.
Also among those gazing into next year are Bitwise, VanEck and Hashdex.

The latest price moves in crypto markets in context for Dec. 19, 2023.
- 15:00Aptos Co-Founder Mo Shaikh States 98% of Held APT Not SoldAptos co-founder Mo Shaikh responded to community questions on Twitter, stating that he still holds about 98% of his APT tokens and remarked that "everyone should allocate assets in the Move language ecosystem." When netizens joked that he would have "become rich" if he held SUI, Mo also responded, "I have quite a bit of SUI now as well."
- 15:00A whale on Hyperliquid closed a 50x leveraged position 10 minutes ago, profiting $1.188 millionAccording to on-chain analyst Ember's monitoring, during the recent market downturn, a whale using 50x leverage on Hyperliquid closed their position for profit 10 minutes ago, closing 1,414.14 BTC shorted at an average price of $104,319 at a price of $103,478, earning a profit of $1.188 million.
- 14:49BlackRock Withdraws 7,568 ETH from CEX, Worth Nearly $20 MillionAccording to a report by Jinse Finance, Arkham monitoring data shows that about 5 minutes ago, BlackRock withdrew 7,568 ETH, worth approximately $19.39 million, from a CEX hot wallet address through its Ethereum Exchange Traded Fund ETHA Ethereum ETF.