If had 's mcap →
Renzo is a restaking protocol that abstracts and manages AVS strategies for Liquid Restaking Tokens (LRTs), making Ethereum and Solana restaking ezpz and accessible to everyone.
All-in-one crypto wallet and exchange.
FOR CONTEXT
$231.13M compared to the worldAbout this comparison
This page compares the market capitalizations of EigenCloud (prev. EigenLayer) (EIGEN) and Backpack (BP). With EigenCloud (prev. EigenLayer) currently at $0.2359 per coin and a market cap of $218.36M, and Backpack at $0.9245 with a market cap of $231.13M, applying Backpack's market cap to EigenCloud (prev. EigenLayer)'s circulating supply produces a hypothetical EIGEN price of $0.2498 — a 1.06x move from current.
EigenCloud (prev. EigenLayer): Renzo is a restaking protocol that abstracts and manages AVS strategies for Liquid Restaking Tokens (LRTs), making Ethereum and Solana restaking ezpz and accessible to everyone.
Backpack: All-in-one crypto wallet and exchange.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If EigenCloud (prev. EigenLayer) had Backpack's market cap, what would the price be?
If EigenCloud (prev. EigenLayer) (EIGEN) had Backpack's (BP) current market cap of $231.13M, each EIGEN would be worth approximately $0.2498 based on the circulating supply of 925,285,682 EIGEN. That is 1.06x the current EIGEN price of $0.2359.
What is the current market cap of EigenCloud (prev. EigenLayer)?
EigenCloud (prev. EigenLayer) (EIGEN) currently has a market cap of $218.36M, ranking #179 by market capitalization. Each EIGEN trades at $0.2359.
What is the current market cap of Backpack?
Backpack (BP) currently has a market cap of $231.13M, ranking #175 by market capitalization. Each BP trades at $0.9245.
How does EIGEN compare to BP?
EigenCloud (prev. EigenLayer)'s market cap of $218.36M sits slightly above Backpack's $231.13M. For EIGEN to reach BP's current valuation, the price would need to move 1.06x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming EigenCloud (prev. EigenLayer)'s circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.