As EigenLayer’s restaking protocol flips Aave with a robust $10.4 billion TVL on February 4,2026, the EIGEN token trades at $0.2542, barely budging with a and 0.97% 24-hour gain amid whispers of impending supply shocks. Monthly unlocks of 36.82 million tokens, kicking off from October 2025, are injecting fresh supply into a market where only 23% of EIGEN circulates. At today’s price, that’s roughly $9.36 million hitting liquidity every 30 days- a 10% monthly dilution rate that could test restaking conviction. Yet, with TVL surging past historical highs like $6B or even $25B peaks reported earlier, is this EIGEN token unlocks event a TVL killer or just noise in the restaking revolution?
EigenLayer’s ascent isn’t mere hype; it’s Ethereum’s security backbone evolving. Restakers lock LSTs to secure AVSs, earning layered yields that outpace vanilla staking. But as eigenlayer TVL dilution looms, the February 1 unlock- valued at $12.3M or 6.75% of market cap in prior estimates- echoes 2025’s post-unlock dips of 15-30%. Pragmatically, price pressure doesn’t always bleed into TVL; demand for blobspace and intersubjective staking could counterbalance sell-offs.
Unpacking the 2026 Unlock Cliff: Schedule and Supply Dynamics
The EIGEN vesting is methodical: 36.82 million tokens monthly through September 2027, unlocking 77% of the supply still locked today. Current math at $0.2542 pegs each drop at under $10 million, but scaled to market cap, it’s potent. Historical data from Token Unlocks flags January 2026 as a liquidity bomb, yet EigenLayer’s TVL climbed to $20B and despite similar events. Why? Restaking tokens price in long-term adoption, not short-term flips- think EigenCloud expansions and L2 integrations fueling EIGEN restaking impact 2026.
Restaking tokens are often priced on long-term adoption expectations rather than simple short-term usage. (Bitget Wallet)
Hybrid traders watch on-chain: if restakers HODL through dilution, TVL holds. But if EIGEN dips below $0.20, withdrawal cascades could shave billions- a scenario governance incentives aim to blunt.
2025 Flashbacks: How Unlocks Tested- And Toughened- EigenLayer’s TVL
October 2025’s launch unlock sparked TVL scrutiny, yet the protocol ballooned from $6B to $25B ecosystems per reports. AMBCrypto noted high notes post-listing, but CoinMarketCap logs 15-30% plunges. At $0.2542 now, EIGEN’s resilience shines; surpassing Aave underscores protocol stickiness. Liquid restaking derivatives buffered shocks, letting users restake without full exposure. Opinion: unlocks cull weak hands, concentrating TVL among yield chasers eyeing eigenlayer blobspace for data availability plays.
Foundation proposals for EIGEN incentives- think boosted rewards- signal proactive defense. Check EigenLayer’s EIGEN token intersubjective staking model; it projects beyond 2025 turbulence.
Forecasting TVL Trajectories Amid Ongoing Dilution
Forward-looking, 2026’s unlock cadence risks eigenlayer TVL dilution if demand lags. Baseline: TVL stabilizes at $10B and with AVS growth. Bear case: $0.2542 erodes to $0.18 on floods, prompting 20% outflows. Bull: Governance ramps incentives, blobspace booms, pushing TVL to $15B. Hybrid view- restaking’s layered yields trump token wobbles; institutions layer in regardless.
EIGEN Token Price Prediction 2027-2032
Forecast amid token unlocks ending in 2027, restaking TVL growth from $10B+, and crypto market cycles (Base 2026: $0.35 | Bear: $0.18 | Bull: $0.50)
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2027 | $0.15 | $0.28 | $0.50 |
| 2028 | $0.25 | $0.50 | $1.00 |
| 2029 | $0.40 | $0.90 | $1.80 |
| 2030 | $0.70 | $1.60 | $3.20 |
| 2031 | $1.10 | $2.50 | $5.00 |
| 2032 | $1.50 | $3.80 | $7.50 |
Price Prediction Summary
EIGEN faces downward pressure from monthly unlocks (~$47M/month) until Sep 2027, with bearish min prices reflecting dilution risks. Post-unlocks, strong rebound expected via TVL surge to $25B-$50B, Ethereum restaking adoption, and bull market cycles, driving avg prices 13x higher by 2032.
Key Factors Affecting EIGEN Token Price
- Ongoing token unlocks (77% locked, 10% monthly dilution until 2027)
- Restaking TVL expansion ($10.4B current to $50B+ potential)
- Ethereum ecosystem growth and L2 integrations
- Governance incentives and new yield opportunities
- Regulatory clarity on DeFi/restaking
- Competition from Lido, other protocols
- Macro crypto cycles and BTC/ETH correlation
Disclaimer: Cryptocurrency price predictions are speculative and based on current market analysis.
Actual prices may vary significantly due to market volatility, regulatory changes, and other factors.
Always do your own research before making investment decisions.
Real-time price widgets confirm $0.2542 as pivot; break $0.26 invites inflows. EigenLayer’s not too big to fail- it’s engineered to thrive on unlocks, recompounding security economics.
About the Author
