EIGEN's approximately

↗5%

bounce over the past 24 hours comes as the asset navigates significant headwinds, down

↘82%

year-to-date while the broader DeFi category averaged

↘51%

over the same period.

Mixed performance across timeframes

Price increased roughly

↗5%

over the past 24 hours, trading near its 24-hour high, though the asset faces significant dilution risk with future token supply approximately 2.2x current levels.

Trading activity expands

Volume surged roughly

↗56%

over the past 24 hours as short-term trading interest picked up, though this follows an extended period of underperformance relative to DeFi peers.

Selling pressure evident on-chain

Investors are realizing losses with more selling than buying pressure over recent periods, reflected in approximately $372M in net selling activity and cautious sentiment indicators.