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🚀 KuCoin Research Report: May's Crypto Market Insights! 📊 May 2024 brought pivotal changes to the #crypto market. #Ethereum’s spot ETF approval boosted sentiment, and #Bitcoin ETFs saw a resurgence. Explore trends in #stablecoins and #Layer2 solutions in our latest report.🔎
Restaking is becoming a frenzy for not only top builders & VCs but also retailers who are looking for yield opportunities. Eigenlayer and Symbiotic lead this category on Ethereum with different approaches. Prepare yourself with insights from a high-quality blog by @DefiIgnas👇 https://t.co/gbZpaC7EH6 https://t.co/wXMJPdzLj1
⚔️ Mellow Finance to Help Lido Hold On to its Place as Largest DeFi Protocol Restaking wars are heating up as @mellowprotocol launch this week is helping the original staking protocol, @LidoFinance, wrestle market share from EigenLayer. Read more: https://t.co/P80jg1I3k8 https://t.co/hRkJ02wH0q
Symbiotic, in collaboration with Lido and Mellow Finance, has launched restaking vaults and liquid restaked tokens (LRTs), filling a $145M ETH cap in 5 hours. The move aims to compete with EigenLayer in the restaking ecosystem.