
EigenCloud's Total Value Locked (TVL) surged by $291 million in one week to $4.67 billion, signaling increased investor commitment despite a drop in token holders. Positive net capital inflow and bullish trader activity, reflected by a Long-to-Short ratio above 1 and rising perpetual trading volume, indicate growing market interest. However, a narrowly positive funding rate suggests cautious optimism, with traders watching if demand can sustain the rally. Continued capital inflows and derivatives activity will be key to maintaining momentum.