Author: Nancy, PANews
In recent days, Ethereum has made a strong green candle, boosting the morale of "E-guards" and quickly warming up market bullish sentiment. This strong rally not only brought a comprehensive recovery to the Ethereum ecosystem but also further heated up market expectations for the Ethereum spot ETF staking function, with related staking projects becoming a focus of capital pursuit.
Ethereum's Strong Rebound, ETF Staking Expectations Driving Confidence Recovery
Recently, Ethereum has seen a continuous strong rebound, with its total market value surpassing Alibaba and ranking 39th in global asset market value. The related surge topic even topped the Douyin hot list, becoming a market focus.
According to CoinGecko data, as of May 12, Ethereum's price rose to $2,521, hitting a new high in nearly two months, with a 40.4% increase in the past 7 days, and its market value surging by over $87.58 billion in a single week. Meanwhile, Coinglass data shows that Ethereum's monthly return in May has reached 39.53%, not only creating the strongest monthly increase since 2025 but also significantly exceeding the median increase (18.43%) and average increase (31.15%) of May in previous years. This strong rebound not only ended Ethereum's three-month consecutive decline trend but also became a turning point for significant market sentiment recovery, demonstrating a synchronized recovery of capital and investment confidence.
[The translation continues in the same manner for the rest of the text, maintaining the specific translations for technical terms and proper nouns as specified in the initial instructions.]In the past two months, EigenLayer has continuously advanced in technical upgrades, developer ecosystem, and application expansion. In mid-April, EigenLayer's Slashing mechanism was officially launched on the mainnet. After the upgrade, operators and stakers using EigenPod CLI need to perform checkpoint upgrades, and Application Verification Services (AVS) can now directly implement slashing conditions on the mainnet. Shortly after, EigenLayer announced the upcoming Redistribution feature, bringing new capabilities to its Slashing upgrade. This feature allows decentralized verification services (AVS) to reallocate funds after staking funds are penalized, rather than directly destroying them, supporting more complex use cases such as lending and insurance protocols. The first batch will support non-ETH assets (such as LSTs, EIGEN, USDC, and AVS tokens), with ETH not yet included, planned to be launched on the Ethereum mainnet in June. In recent days, EigenLayer announced participation in the Ethereum Pectra upgrade on May 7th to support network improvements, plans to introduce new features like validator integration for EigenPods, and announced plans to host a "Berlin Hacker Village" to attract global developers to build next-generation verifiable applications.
Rocket Pool: From Node Incentives to Ecosystem Integration, Driving TVL and Token Price Increase
Rocket Pool is also one of the closely watched Ethereum staking protocols. According to DeFiLlama data, Rocket Pool's TVL has reached $1.74 billion, rising by approximately 56.3% in the past month. Meanwhile, Coingecko data shows its native token RPL has increased by about 67.5% during the same period.
In the past two months, Rocket Pool has primarily focused on technical upgrades, community governance, and DeFi ecosystem expansion. For instance, in March, Rocket Pool announced distributing 133 ETH to node operators and emphasized that the pool is free to join with no usage fees, attracting more participants; in April, Rocket Pool released a Smart Node update and held a community call to discuss DAO funding through bridge fees, share quarterly product development roadmap updates, and promote rETH integration in DeFi protocols; in May, Rocket Pool actively pushed node software updates to support the Pectra upgrade.
Symbiotic: TVL Breaks $1 Billion, Receives Tens of Millions in Funding
The restaking protocol Symbiotic primarily emphasizes modular security and capital efficiency. According to DeFiLlama, Symbiotic's TVL has exceeded $1.09 billion, rising by approximately 45% in the past month.
Over the past two months, Symbioticfi has continued to advance its universal restaking protocol and made positive progress in funding. In April, Symbiotic announced completing a $29 million Series A funding round, with participation from Paradigm, CyberFund, Pantera Capital, and Coinbase Venture. In the same month, ether.fi announced launching a $40 million crypto venture fund, with Symbiotic being one of its first investment projects.
SSV Network: Token Price Rises Over 90% in a Month, Active Validators Exceed 100,000
According to its official website, as of May 12th, SSV Network's TVL has exceeded $8.9 billion, with ETH staking amount approaching 3.467 million. Coingecko data shows that its token SSV has risen by 91.6% in the past month.
Recently, SSV Network announced that its active validators have exceeded 100,000, accounting for about one-tenth of Ethereum validators. This tweet was retweeted and supported by many partners including Lido, Renzo, Kraken, ChainLayer, HashKey Cloud, Nansen, Swell, and Eigenpie. Simultaneously, SSV Network announced on May 6th that SSV 2.0 testnet was launched on Hoodi, aiming to significantly enhance Ethereum ecosystem security by introducing the "bApps" concept, reducing developers' security costs by up to 90%, and providing risk-free returns for validators, thus unlocking more value for the entire ecosystem.
