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

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

II. Hot Topics
1. ENA continues to rise steadily, it is expected that assets worth $50 million will be unlocked next week.
2. The re-pledging platform Eigenlayer will airdrop 15% of tokens (5% in the first phase, 10% after one year) on May 10th, its futures price has reached 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 favorably. In addition, another re-pledging platform Renzo is also about to go live on Bn exchange today.
3. PENDLE from the re-pledge platform experienced a significant drop; YT token holders were trapped because there was no first round of air drops conducted for them while Ethereum's re-pledge project ended its air-drop activity leading to reduced mining demand.
4.Meson is Depin's decentralized broadband service provider similar to Thunder Play Cloud and it’s an indigenous project from Shanghai.The project was valued at $250 million two years ago during financing and currently its market value has reached $300 million.
5.Runecoin went live in secondary markets as Rsic miner's air-dropped token.The project team reserved 10% share and gave out 5% as listing fees.
6.Base chain social protocol Friend.tech plans to conduct an air-drop event this Thursday.Air-dropping combined with Meme marketing strategy have become major promotional methods for new public chains aiming at attracting retail investors .