April 30 Market Dynamics: ENA rises, expected to unlock $50 million in assets next week

I. Market Fundamentals
Bitcoin is undergoing a volatile adjustment, and altcoins are generally falling. The verdict on Cz will be announced on April 30.
U.S. stocks rebounded, with financial reports meeting expectations.

II. Hot Topics
ENA has been steadily rising, and it is expected that assets worth $50 million will be unlocked next week.
The re-pledging platform Eigenlayer will airdrop 15% of tokens (5% in the first phase, 10% after one year) on May 10th, with its futures price reaching a market value of $17 billion (the TVL of similar product LDO is twice as much but only has a market value of $2 billion). The number of airdrops does not linearly correlate with the amount of deposited assets, which benefits retail investors more. In addition to this, another re-pledging platform Renzo is also about to go live on Bn exchange today.
The re-pledging platform PENDLE fell sharply while yield token YT was trapped because it did not conduct the first round of air drops. At the same time, Ethereum's re-pledge project ended its air drop activity causing mining demand to decrease.
Meson is Depin's decentralized broadband service provider similar to Thunder Play Cloud and it’s also a local project from Shanghai. This project was valued at $250 million two years ago during financing and now its market value has reached $300 million.
Runecoin went live in secondary markets as an Airdrop token for Rsic miners.The project team reserved 10% share and gave out 5% as listing fees.
Base chain social protocol Friend.tech plans to carry out an air drop event this Thursday. Using air drops and Meme marketing to attract retail investors has become the main promotion method for new public chains.