| Token Name | EigenLayer ||---------------|-----------------|| Ticker | EIGEN || Market Cap | $37,007,200,000 || Volume 24h | $1,198,980 || Current Price | $22.18 |EigenLayer (EIGEN) - what is it?EigenLayer, developed on top of Ethereum, is a protocol that introduces restaking, a new framework for cryptoeconomic security. At the consensus level, this primitive allows $ETH to be re-enabled. $ETH staking allows users to subscribe to EigenLayer smart contracts, thereby re-staking their $ETH and extending cryptoeconomic security to other uses of the network. Thus, the promise of EigenLayer lies in its ability to verify new applications being developed on top of Ethereum, as well as aggregate and improve cryptoeconomic security through recapture.EigenLayer short-term forecastThe research shows that the short-term price outlook for EigenLayer is positive, meaning the value should rise in the coming months. EigenLayer's expected price changes for the next six months are summarized in the table below.| Month | Lowest Price | Average Price | Highest Price ||:---------:|:------------:|:-------------:|:-------------:|| August | $23.27 | $23.71 | $24.15 || September | $23.91 | $24.92 | $25.93 || October | $25.52 | $25.93 | $26.37 || November | $17.87 | $19.39 | $21.05 || December | $20.05 | $23.27 | $26.59 || January | $25.48 | $27.15 | $28.81 |EigenLayer Long-term forecastHow much will EigenLayer cost in the coming years? Would it be wise to buy EigenLayer now? What signs indicate that EigenLayer is bullish or bearish? Studying this EigenLayer Pricing Forecast will help you fully appreciate EigenLayer's pricing capabilities.Our long-term EigenLayer pricing forecast is that EIGEN will average $94.18 by the end of 2024; by the end of 2025 it will be $161.77; by the end of 2030 it will be $421.04.| Year | Lowest Price | Average Price | Highest Price ||:----:|:------------:|:-------------:|:-------------:|| 2024 | $17.87 | $94.18 | $129.40 || 2025 | $30.99 | $90.39 | $197.58 || 2026 | $50.19 | $101.56 | $199.44 || 2027 | $70.91 | $106.37 | $141.82 || 2028 | $97.50 | $137.39 | $177.28 || 2029 | $168.42 | $283.65 | $398.88 || 2030 | $354.56 | $421.04 | $487.52 |EigenLayer (EIGEN) Price Prediction for 2024Our 2024 Forecast estimates that the value of the EIGEN token could range from $17.87 to $129.40. At this month's average price, the token could cost $24.15. Eigen's price forecast is based on many factors that affect both supply and demand.EigenLayer (EIGEN) Price Prediction for 2025Our 2025 Forecast estimates that the value of the EIGEN token could range from $30.99 to $197.58. At this year's average price of EIGEN could cost $90.39. Eigen's price forecast is based on many factors that affect both supply and demand.EigenLayer (EIGEN) Price Prediction for 2026Our 2026 Forecast estimates that the value of the EIGEN token could range from $101.56 to $199.44. At this year's average price of EIGEN could cost $177.28. Eigen's price forecast is based on many factors that affect both supply and demand.EigenLayer (EIGEN) Price Prediction for 2027Our 2027 Forecast estimates that the value of the EIGEN token could range from $70.91 to $141.82. At this year's average price of EIGEN could cost $106.37. Eigen's price forecast is based on many factors that affect both supply and demand.EigenLayer (EIGEN) Price Prediction for 2028Our 2028 Forecast estimates that the value of the EIGEN token could range from $97.50 to $177.28. This year, the average price of EIGEN could be $137.39. EIGEN's price forecast is based on many factors affecting both supply and demand.EigenLayer (EIGEN) Price Prediction for 2029Our 2029 Forecast estimates that the value of the EIGEN coin could range from $168.42 to $398.88. This year, the average price of EIGEN could be $283.65. Eigen's price forecast is based on many factors that affect both supply and demand.EigenLayer (EIGEN) Price Prediction for 2030Our 2030 Forecast estimates that the value of the EIGEN token could range from $354.56 to $487.52. At this year's average price of EIGEN could be worth $421.04. Eigen's price forecast is based on many factors that affect both supply and demand.