RED price surges 18% after a slew of developments in a single day, boosting trading volume by over 200%

The Red Native Red of Redstone Pump after a series of developments in a single day.

Redstone (RED) The price jumped 18% in the last 24 hours, trading at $ 0.57 with a negotiation volume of 24 hours of $ 188 million, up 287%. The main catalyst for overvoltage seems to be the recent official announcement that Redstone hasbankruptcy A concession of Eigen tokens from the Eigen Foundation to use as a rewards of intention.

The Eigen tokens will be periodically released to the stakers in the Redstone Eigenlayer Aves, the awards are already accumulating. According to the announcement, an snapshot will be taken soon to record who is eligible for rewards, the complaint portals opening the users to claim their won tokens won.

This subsidy still stimulates the incentives to mark out red by adding clean rewards in addition to existing rewards in Ethereum (Ethn), Bitcoin (BTC), Solana (GROUND) and a USD part (USDC), which are organically won as the yield of RedstoneData users paying costs in these assets via Eigenlayer AVS. Until now, $ 1.38 million in red tokens have been marked out on Eigenlayer. To put it in perspective, it is more than the total locked value of the clean token, the native token of Eigenlayer.

In addition to expanding their ignition rewards in the Eigen dealership, recently Redstone announcement Its partnership with Securitize. More specifically, Redstone will be Secure the first official Oracle partnerProviding it with reliable and up -to -date data flows for all present and future tokenized products, including the BlackRock Buidl Fund.

These two developments (the granting of clean tokens for the awards and the partnership with security) have probably contributed to the overvoltage of 200% + of the red negotiation volume. More specifically, the addition of Eigen rewards to mark out red stimulates the request for a token because it makes it more lucrative to lock it, while Make it available for DEFI actions like the loan and the loan.

Regarding the partnership with Securitize, it gives more credibility in red because security is known for its compliance with regulatory standards in the security token space. Finally, Redstone was also listed on Coinbase and Bitvavo, and became the official Oracle partner of Day 1 for Hemi Testnet and Mainnet, All in a day.