Crypto
Ether.fi Price Drops Amid Restaking Exit Repricing
The price of Ether.fi (ETHFI) dropped by 5.77% over the past 24 hours, but this decline is not solely due to market volatility.
According to data from CoinMarketCap, ETHFI's underperformance compared to the broader market is more significant than expected.
In contrast to the overall crypto market cap, which decreased by only 0.75%, and altcoin market cap, which remained roughly flat, ETHFI fell by a larger margin.
This discrepancy can be attributed to the token's structural headwind - its decision to exit restaking entirely this quarter, as reported by Coindesk on September 28th, 2026.