In a remarkable turn of events, the cryptocurrency market witnessed an unusual surge in the value of the CORE token, despite a broader market downturn. The CORE token, associated with the Core Network and backed by Bitcoin, experienced a significant price increase of 218% over the last week. This bullish run has outperformed both Bitcoin itself and other major cryptocurrencies. Additionally, $CORE and $TAO managed to resist the wider market collapse with 24-hour gains of 9% and 6%, respectively. The surge followed the announcement of a partnership between Babylon and Lorenzo Protocol to introduce 'Bitcoin Liquid Restaking' in the Core Chain DeFi ecosystem, which led to a 35.5% increase in $CORE's value post-launch of Core Ignition. The Core Network utilizes a combination of Proof of Work (PoW) and Proof of Stake (PoS) mechanisms, defying market norms with its recent performance.