Eigen price

I also said it could reach 30 million dollars, and it has now surpassed 34 million dollars. I estimate it will reach 40 million dollars by the end, and a 10x oversubscription shouldn't be a big problem. Why is everyone so optimistic about Raspberry Boundless? I'm a bit curious, so I will try to study Boundless from the perspective of its technical advantages, hoping to help you understand the project better. As an important project in the ZK ecosystem, @boundless_xyz showcases its characteristics through technological innovation and ecological layout. Technical Advantage - General zkVM Architecture The zkVM (R0VM 2.0) built on the RISC-V instruction set supports compiling any general program into ZK proofs, breaking the traditional EVM compatibility limitations, allowing developers to directly develop using languages like Rust. Cost Advantage - Cross-Chain Verification Protocol By deploying multi-chain native contracts, it realizes a cross-chain distributed proof market, allowing developers to utilize ZK computing power without leaving their original ecosystem, reducing verification costs to $0.0012 per transaction. Positive Feedback Incentive - PoVW Incentive Mechanism It pioneers a verifiable proof of work, encrypting the number of ZK computation cycles on-chain and distributing $ZKC rewards based on actual workload, achieving a fair and transparent computing power market. Core Advantages Through GPU optimization and kernel reconstruction, the annual cost of Ethereum full-chain proof has been reduced from 170 million dollars to 500 thousand dollars, a reduction of 340 times. Ecological Collaboration In-depth cooperation with over 30 projects, including Eigen Layer and Lido, covering scenarios such as ZK Rollup, DeFi, and cross-chain bridges, processing an average of 26 trillion computation cycles daily. Developer Friendly Provides a reverse Dutch auction mechanism and standardized API, shortening the ZK integration cycle from several months to several hours, supporting off-chain computation without gas limits. @Tinaliu333 @RiscZeroCN @boundless_xyz

🚀 NEAR: Find growth rhythm in selling pressure and competition In the past few weeks, @NEARProtocol has ushered in a complex market situation: on the one hand, the concentrated selling pressure of institutional-grade funds has put NEAR under short-term price pressure; On the other hand, the ecology and user data are strengthening simultaneously, showing a contrast of "short-term pessimism of capital vs. long-term optimism of users". Ecological progress: the expansion path of multi-point flowering 1. Intents platform The transaction volume exceeded $570 million and the integration with Sui was completed. This means that NEAR is not only forming liquidity within its own ecosystem, but also actively opening up cross-chain cooperation. 2. NearDA (Data Availability Layer) In the track surrounded by "big players" such as EigenDA, Celestia, and Avail, NearDA focuses on low-cost and vertical application scenarios (especially games and high-frequency applications), and the differentiated competition is very obvious. 3. Bitwise partnered staking ETP Launched a staking ETP (similar ETF product) in partnership with Bitwise, further lowering the barrier to entry for institutions. This is a crucial move for NEAR to integrate itself into the traditional financial system. 4. Application layer products Shade Agent Sandbox is live HOT Craft builds a cross-chain NFT marketplace These have completed more application puzzles for the ecosystem. Users and market performance: hot and cold are intertwined Eye-catching on the user side: The weekly active users surpassed 16 million, marking an 18.4% month-on-month increase and directly surpassing Solana, indicating that NEAR is building an edge in "real user growth." Price side pressure: Institutions sold nearly 20 million NEAR in mid-August, causing the price to drop from $3.05 to $2.75 and now back up to around $2.8. Capital chooses to cash out in the short term, but on-chain activity and application progress show that the growth at the user level is hedging against the pessimism of the capital side. In-depth interpretation: $NEAR's long-term value logic 1. Short-term capital exit does not mean deterioration of fundamentals Selling pressure has led to a decline in prices, but the growth of the ecosystem and users shows that NEAR is resilient to pressure. Short-term noise may not affect long-term value. 2. NearDA: A differentiated approach to data availability competition Celestia and EigenDA emphasize high performance and scalability, while NEAR takes the route of low cost + vertical application scenarios. If Web3 games or high-frequency micropayment scenarios really explode in the future, NearDA may be the first to reap the dividends. 3. Users are the hardcore moat NEAR has shown a trend of significant growth in active users. In the crypto world, real user growth often reflects the vitality of the chain more than the price. 4. Institutions and DeFi are attacking on both fronts Through its partnership with Bitwise, NEAR is not only gaining momentum in the DeFi arena but also establishing a stepping stone in the institutional market. This "dual-channel" layout is a signal worthy of long-term attention. Outlook and Reflection In the short term, NEAR may also be affected by market sentiment and capital flows. In the medium and long term, NEAR's ecological closed loop is gradually taking shape: users → applications→ infrastructure → institutional products. If NearDA can run out of large-scale applications in the low-cost track, combined with the synergy between Intents and the cross-chain ecosystem, NEAR is expected to become a winner at the infrastructure level in the next wave of narrative cycles. summary At present, it is in a typical stage of "valuation pressure and ecological expansion". Prices may be under pressure, but users and the ecosystem are releasing long-term value signals. As an observer, the Siege Lions are more concerned about: Can NearDA be used in real high-frequency use cases? Can user growth translate into more stable on-chain value precipitation? Will institutional partnerships open a larger on-ramp for NEAR's funds? The answers to these questions will determine whether NEAR can move from a "potential stock" to an "infrastructure core" in the next bull market narrative.