- EigenLayer’s price traded around $2.03, marking a 33% increase after surging to a high of $2.09.
- The U.S. Securities and Exchange Commission’s move to approve a rule-based listing standard boosted altcoins.
- EIGEN’s price also strengthened amid the Fed’s interest-rate cut, which supported broader risk appetite.
EigenLayer (EIGEN) is on the rise. Its price sits near $2.03, reflecting a 33% gain over 24 hours as a wider market rally lifts altcoins.
The cryptocurrency market is experiencing a notable revival amid Federal Reserve policy decisions and a significant regulatory win for altcoins.
EigenLayer price jumps 33% as it retests a key level
While many altcoins showed modest gains early Thursday, EigenLayer’s native token EIGEN recorded a dramatic 33% surge.
EIGEN climbed from a low of $1.50 to a high of $2.09, with the sharp move representing a clear continuation following a breakout from a descending triangle pattern.
Drivers behind the rally include partnerships and integrations, regulatory developments, and macroeconomic indicators.
On September 17, 2025, the U.S. Securities and Exchange Commission approved generic listing standards for commodity trust shares.
This signals a rule-based approach by the regulator that streamlines the approval process for exchange-traded products on platforms such as NYSE, Nasdaq and Cboe Global Markets.
BOOM: SEC has approved the generic listings standards that will clear way for spot crypto ETFs to launch (without going through all this bs every time) under ’33 Act so long as they have futures on Coinbase, which currently incl about 12-15 coins. pic.twitter.com/E9FXrniXRS
— Eric Balchunas (@EricBalchunas) September 17, 2025
EIGEN was further supported by the Federal Reserve’s rate cut, which bolstered risk-on sentiment, and by EigenLayer’s recent partnership with Google.
Trading activity in the protocol’s native token surged sharply over the past 24 hours, with volumes exceeding $427 million — a roughly 260% jump accompanied by heightened on-chain and market activity.
Crypto rally: EIGEN leads altcoin gains
EIGEN’s strong performance is not isolated; it is spearheading renewed enthusiasm across altcoins, particularly projects in the Ethereum ecosystem.
Tokens tied to layer-2 solutions, DeFi protocols and restaking mechanisms posted 24-hour gains ranging from about 10% to 25%.
Ethereum-linked projects are returning to the spotlight after a period dominated by Bitcoin-led moves, and EigenLayer is among the front-runners thanks to a string of new partnerships.
The protocol recently deepened ties with Moonbeam and Aethir and teamed up with Google.
As part of this cooperation, EigenCloud is positioned as a partner for launching Google Cloud’s new Agent Payments Protocol (AP2), underscoring the project’s growing role within the broader Ethereum ecosystem.
$EIGEN PUMPED 40% TODAY 🚀
Why?
• Google’s AP2 makes Eigen the default infra for every AI agent transaction.
• Google, Coinbase, PayPal, AmEx already routing through it.At $700M mcap, Eigen just became the trust layer of the agent economy 🔥 pic.twitter.com/psqJyCmEtg
— Wise Advice (@wiseadvicesumit) September 18, 2025
“AP2 helps create a globally verifiable economy where agents can coordinate, trade and prove their actions to people and to one another. EigenCloud ensures they can be held accountable by any counterparty,” said EigenLayer founder Sreeram Kannan.
Other altcoins that recovered during the recent upswing include EtherFi and Lido DAO, both posting double-digit gains in the last 24 hours.
Polkadot, Bitcoin Cash, Sui and NEAR Protocol were among the tokens outperforming the broader market as altcoins show renewed momentum.