In some ways, the release of EigenLayer’s native EIGEN token this week was as expected; price rapidly rose moments after it was listed on exchanges, leading to a period of price discovery that culminated in a 22% slide from it’s momentary record high. But there appears to be a storm brewing behind the scenes, with several investors and community members calling foul on a lack of transparency over the token’s supply.
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How the Network Processed $309 Million in Stablecoins Last Month
Key TakeawaysSandeep Nailwal noted Polygon hit $309M in stablecoin volume in May, next leading Latam blockchain markets.Visa found that non-dollar...
