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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.

ARK offloaded $13M worth of GBTC shares last week.
- 09:37XRP market capitalization surpasses $180 billion, overtaking PinduoduoAccording to ChainCatcher, market data shows that XRP has surpassed $3, reaching $3.05, with a 24-hour increase rising to 6.41%. The latest data from 8 MarketCap indicates that its market capitalization has now exceeded $180 billion, reaching $181.41 billion, surpassing Pinduoduo and Deutsche Telekom. XRP now ranks 107th among global assets by market capitalization, while Pinduoduo's current market cap stands at $184.05 billion.
- 08:47Musk: Cautiously Optimistic About Achieving Full Reusability for Starship Next YearBlockBeats reports that on August 23, SpaceX CEO Elon Musk stated that building a fully reusable orbital rocket is one of the most challenging engineering problems humanity has ever faced—more difficult than landing on the moon—which is why it has yet to be solved. He expressed cautious optimism that Starship could achieve full reusability next year. Another key technology is orbital refueling, which is comparatively much simpler, and if all goes well, could also be realized next year. At that point, human consciousness and life could extend to other planets and even stars. (Jin10)
- 08:47Publicly Listed AMTD Group Plans to Include BTC, ETH, and USDT in Its Investment PortfolioAccording to ChainCatcher, as reported by PR Newswire, the publicly listed company AMTD Group plans to add cryptocurrencies to its $240 million liquid asset portfolio. The upcoming crypto asset portfolio will prioritize Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).