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News

Binance Reportedly Set to Launch WBETH Staking on March 25, 2025

2 mins mins
Key Points:

  • PANews reports Binance’s WBETH staking launch through Financial Chain on March 25, 2025.
  • The report lacks confirmation from Binance and EigenLayer.
  • Previous involvement from Binance with the EigenLayer ecosystem noted.

binance-reportedly-set-to-launch-wbeth-staking-on-march-25-2025
Binance Reportedly Set to Launch WBETH Staking on March 25, 2025

Binance Financial Chain may launch WBETH staking at 18:00 ET on March 25, 2025, according to PANews. Users would purchase WBETH via Binance for protocol-driven income.

The potential launch highlights Binance’s continued expansion, though current reports lack verification from Binance or EigenLayer. Official announcements are pending.

WBETH Staking Launch: Speculation and Market Reactions

PANews announced an anticipated launch of WBETH staking on Binance Financial Chain on March 25, 2025. This would allow users to stake WBETH for income through the EigenLayer protocol, indicating potential benefits for users actively seeking on-chain returns.

If confirmed, this staking feature could bolster Binance’s market presence by expanding their DeFi offerings. However, as of now, neither Binance nor EigenLayer has provided direct confirmation of these plans, underscoring the need for cautious anticipation among investors.

The crypto community responded with interest to the news, with questions surrounding verification. Changpeng Zhao (CZ), CEO of Binance, earlier indicated involvement with EigenLayer when he confirmed the listing of $EIGEN in 2024.

https://www.binance.com/support/announcement/binance-will-list-eigenlayer-eigen-with-seed-tag-applied-29494a3db1034233b65522b9e122d079

Yet, there’s been no public comment from CZ regarding the WBETH staking feature.

Historical Context and Market Position of EigenLayer

Did you know?
EigenLayer’s token listing on Binance in 2024 marks a previous step in expanding its network influence, providing similar revenue opportunities for new stakers and investors.

As of the latest update, EigenLayer’s market position shows a price of $1.16, with a market cap of $273.56 million. The 24-hour trading volume reaches $49.02 million, experiencing a 20.15% rise. This data, sourced from CoinMarketCap, underscores substantial fluctuations over the past weeks.

Experts consider that an official launch of WBETH staking by Binance would possibly enhance their staking services, though regulatory aspects continue to be a focal point. Historical trends support optimism for revenue growth in decentralized finance, fueled by enhancing on-chain protocols like EigenLayer.

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Avatar of John Kojo Kumi

John Kojo Kumi

25 March 2025, 10:29:21 GMT +0000

John Kojo Kumi is a cryptocurrency researcher and writer specializing in emerging startups, tokenomics, and market dynamics within the blockchain ecosystem. With years of experience in crypto journalism and blockchain research, he provides in-depth coverage of decentralized finance (DeFi), NFTs, and Web3 innovations.

He holds a Bachelor of Arts in Geography and Rural Development from Kwame Nkrumah University of Science and Technology, Kumasi, bringing a multidisciplinary perspective to the evolving digital asset space. As a Crypto News Writer, he tracks and reports on industry trends, while his role as a Registrar at the Commission on Human Rights and Administrative Justice reflects his commitment to governance and transparency.

His expertise spans content strategy, SEO optimization, and technical research, enabling him to craft insightful, data-driven analyses. Passionate about blockchain’s transformative potential, he strives to equip readers with the knowledge to navigate the complexities of digital assets and decentralized technologies.

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