What changed
As restaking yields dried up and smart-contract risks mounted, Ethereum's top liquid restaking protocol walked away from its core business to build a crypto neobank instead The restaking gold rush is over, and top protocols are barely making a profit
Why it matters
Macro positioning around ETH can change volatility, liquidity, or sentiment. The concrete detail to watch is as restaking yields dried up and smart-contract risks mounted, Ethereum's top liquid restaking protocol walked away from its core business to build a crypto neobank instead
Trading lens
Use this as watchful context from coindesk.com. Watch whether the restaking gold rush is over, and top protocols are barely making a profit confirms momentum, invalidates active bias, or changes timing.