In June, the total market value of cryptocurrencies fell by 11.4%, and EigenLayer's market share dropped to a low of 92.2%

Binance Research recently released a market analysis for June, pointing out:
1. The crypto market experienced a significant downturn in June, ultimately leading to an 11.4% decrease in total market value. In July, Mt.Gox announced it would repay over 140,000 BTCs, after which BTC plummeted significantly. Notably, the US and German governments are simultaneously transferring large amounts of BTC to centralized exchanges, exacerbating negative market sentiment.
2. Since November 2023 miners have been net sellers of Bitcoin - the longest continuous selling period since 2017 - causing miner's Bitcoin balances to reach their lowest level in 14 years. A key driver was the halving event in April; given that block rewards make up most of miner income many were forced to sell their Bitcoins for survival. Additionally there has been a wave of transactions and mergers within this industry including Hut8 CleanSpark and Core Scientific.
3.In the past month TON ecosystem activity has continued to increase with daily active addresses reaching a record high of nearly 578k on June 14th . Notable drivers include ongoing success from The Open League Binance integrating USDT onto its network and Pantera Capital announcing new financing plans increasing investment into TON.
4.BNB is one of the strongest performing exchange-related tokens this year having risen by 86.4% since January benefiting not only from overall market improvement but also multiple Binance Launchpool events and new initiatives such as Binance’s Megadrop and HODLer Airdrops boosting utility.
5.EigenLayer's market share dropped to a low point at 92.2%, indicating intensified competition in staking races Symbiotic supported by Karak Paradigm although small scale achieved significant growth: Symbiotic reached initial $200 million deposit limit within one day while Karak's TVL exceeded $1 billion for first time Despite this EigenLayer's first-mover advantage suggests that Karak and Symbiotic still have a long way to go in this rapidly developing subfield.