Crypto journalist Colin Wu has identified several leading projects poised to conduct Token Generation Events (TGEs) in the second half of 2024 across staking, restaking, and liquid staking sectors.

Key projects highlighted include Babylon, renowned for its Bitcoin staking protocol and recent advancements in fee adjustment mechanisms following a substantial $70 million funding round supported by Binance Labs and Paradigm.

In the restaking category, Karak and Symbiotic stand out, securing significant investments from Pantera Capital, Lightspeed Venture, Paradigm, and Cyber Fund.

Puffer Finance, Swell Network, and Stake Stone are pioneers in the liquid staking derivatives (LSD) sector, each backed by prominent investors aiming to enhance staking liquidity and rewards.

These projects are expected to reshape decentralised finance (DeFi) by leveraging innovative staking and restaking solutions, as highlighted in a recent report by Coinbase predicting a transformative impact on validator incentives.

While venture capital support underscores their potential, ongoing scrutiny around token valuations and market performance post-listing suggests evolving dynamics in crypto investments and liquidity strategies.