Symbiotic launch disrupts restaking landscape: IntoTheBlock

The launch of restaking protocol Symbiotic brought another evolving step to the restaking landscape, according to IntoTheBlock's "On-Chain Insights" newsletter. Symbiotic reached its cap for liquid staking tokens in less than 48 hours, and its popularity is bolstered by a $5.8 million investment from Paradigm and cyber.Fund. EigenLayer has seen 48% of all Liquid Staking Tokens (LST) being... source: https://cryptobriefing.com/symbiotic-restaking-innovation/