Tron’s Justin Sun Reveals Insights on Recent Ethereum Investments

Justin Sun on restaking and staking services

Justin Sun is one of the few crypto leaders whose addresses are publicly tracked. Over the past few months, a lot of whale transactions have been linked to him. Offering an insight into why the transactions occurred, he shared his take on the evolution of staking and restaking services in the crypto world.

Blockchains and new use cases

The crypto ecosystem is evolving at a very fast pace, with new use cases going live regularly. Liquid restaking is another new venture being championed by Ethereum innovators. While Ether.fi is leading in this niche, newer entrants like EigenLayer are beginning to ride the ultimately bullish sentiment for the products.

With many projects like Shiba Inu looking for new avenues to return value to their users, a pivot to restaking may not be ruled out in the long term.