The price of EigenLayer (EIGEN) has surged by 33% to around $2.03, following a broader rally in the altcoin market. The surge has been fueled by recent regulatory decisions and macroeconomic trends that appear to favor alternative cryptocurrencies.
EigenLayer’s Price Soars by 33% as Key Levels are Tested
In early trading on Thursday, EigenLayer’s EIGEN token experienced a remarkable 33% price increase, jumping from a low of $1.50 to a high of $2.09. This substantial rise signifies a strong recovery after breaking out of a descending triangle pattern.
Several factors have contributed to this surge, including partnerships, regulatory developments, and macroeconomic indicators. Notably, on September 17, 2025, the U.S. Securities and Exchange Commission (SEC) approved generic listing standards for commodity-based trust shares, which may ease the approval process for exchange-traded products on major platforms like the NYSE and Nasdaq.
BOOM: SEC has approved the generic listings standards that will clear the way for spot crypto ETFs to launch (without going through all this bs every time) under the ’33 Act so long as they have futures on Coinbase, which currently includes about 12-15 coins. pic.twitter.com/E9FXrniXRS
— Eric Balchunas (@EricBalchunas) September 17, 2025
Additionally, EIGEN’s upward momentum aligns with the Federal Reserve’s recent interest rate cuts, which have increased risk appetite among investors. The sentiment has also been bolstered by EigenLayer’s recent partnership with Google.
In the last 24 hours, trading volume for the protocol’s native token has exceeded $427 million, reflecting a 260% increase as market activity rebounds strongly.
Crypto Rally: EIGEN Leads Altcoin Surge
The impressive performance of EIGEN is not happening in isolation; it is leading a fresh wave of enthusiasm across the altcoin market, particularly among Ethereum ecosystem tokens. Altcoins associated with layer 2 solutions, DeFi protocols, and staking mechanisms have reported gains ranging from 10% to 25% within the past day.
Projects linked to Ethereum are regaining traction after months dominated by Bitcoin’s momentum, with EigenLayer at the forefront due to a series of new partnerships.
Recently, the protocol has strengthened its connections with Moonbeam and Aethir and formed a significant alliance with Google. As part of this collaboration, EigenCloud acts as a launch partner for Google’s new Agent Payments Protocol (AP2), highlighting the project’s growing role within the larger Ethereum ecosystem.
$EIGEN PUMPED 40% TODAY 🚀
Why?
• Google’s AP2 makes Eigen the default infrastructure for every AI agent transaction.
• Google, Coinbase, PayPal, AmEx already routing through it.At $700M market cap, Eigen just became the trust layer of the agent economy 🔥 pic.twitter.com/psqJyCmEtg
— Wise Advice (@wiseadvicesumit) September 18, 2025
“AP2 helps create a verifiable global economy where agents can coordinate, transact, and prove their actions to each other and to humans. EigenCloud ensures they are held accountable by any counterpart,” stated EigenLayer founder Sreeram Kannan.
Among other altcoins experiencing a rebound during this latest push are EtherFi and Lido DAO, both of which have seen double-digit gains in the past 24 hours. Other notable performers include Polkadot, Bitcoin Cash, Sui, and NEAR Protocol, which are all surpassing the broader market and signaling a new momentum for altcoins.
Meet William, a proud Bethel University alumnus with a fervent passion for lifestyle and culture topics. His keen interest doesn’t stop there; he’s also deeply engrossed in current events of all kinds. William dedicates himself wholeheartedly to this site, thriving on the collaborative energy he shares with Suzanne, his long-standing partner in crime.
Having navigated their university courses side by side for years, their teamwork on the site is nothing short of dynamic. Together, they bring a unique blend of insights, proving that two heads are indeed better than one in delivering compelling content.
