Restaking is basically a dead meta. Both $EIGEN and $ETHFI were built around it, but ETHFI has held up much better in price. Their yearly inflation since TGE: → EIGEN: 67.98% → 116.91% → 44.92% → ETHFI: 183.18% → 31.60% → 3.03% ETHFI took most of the dilution early. EIGEN still has a much heavier supply schedule ahead. And imo, ETHFI’s stronger price performance has little to do with restaking anymore. @ether_fi has spent the past year moving toward the neobank model, while ETHFI now also benefits from protocol revenue and buybacks. On the other hand, EIGEN still has more supply to absorb and much less proven fee demand behind it. Since @eigenfoundation's token started trading, ETHFI is down ~67% versus ~95% for EIGEN. The biggest difference between the two now is that EtherFi expanded to neobanks. Smartest move they ever made if you ask me.