🌐 ETHFI in the Current Context
In March 2025, the Ether.fi protocol established itself as a leader in decentralized restaking, with around 2.6 million ETH deposited — equivalent to nearly US$ 5 billion in TVL (Total Value Locked), far surpassing competitors like Renzo with ~380,000 ETH.
Although the peak in December 2024 was higher (TVL ~US$ 9.4 billion), the retraction is mainly due to the drop in ETH price, not due to actual divestment.
⚖️ Recent Market Data
The ETHFI token reached an ATH of US$ 5.32 but has since retreated to around US$ 3.48, with a daily volume above US$ 115 million.
According to CoinMarketCap (end of May 2025), the price hovers around US$ 1.13, market capitalization ~US$ 366 million, and volume of US$ 125 million in the last 24 hours.
In the last month, the TVL is on the rise: from US$ 5.88 billion (April/May) with APY ~**14%**.
Context and Reflection
Why is ETHFI relevant today?
1. Dominance in restaking: with a share of over 5% of ETH in liquid staking and over US$ 17 billion in the ecosystem (January–December 2024), ETHFI holds more than 50% of this market.
2. Technical innovation and decentralization: it utilizes DVT (Distributed Validator Technology) to mitigate centralization and retain small stakers.
3. Strategic vision: Ether.fi plans to expand with a neobank app, Visa card, and automatic yield through AI — going beyond pure staking.
🧠 Personal Opinion
I am not here to promote, just to analyze and improve.
Real potential: the robust growth in TVL and technical innovation show that ETHFI goes beyond speculative interest — there is a purpose behind it.
Visible risks: the volatility of the token and dependence on the still-evolving restaking narrative may lead to sharp corrections (like the post-ATH drop).
Long-term vision: integrating financial services (neobank, AI yield) could transform ETHFI into a Web3 hub, if execution aligns with regulatory compliance (US, EU, Cayman).