Liquid restaking protocols (LRTs) are evolving within the Ethereum ecosystem, democratizing the staking space and challenging established liquid staking giants. These protocols simplify the process of operating a validator, manage risk, and can offer higher ETH yields. Several LRTs are already live on the mainnet, including ether.fi, Renzo Protocol, and Keplr DAO. The LRT market is expected to grow exponentially with the realization of Actively Validated Services (AVSes). Despite potential concerns about cascade liquidation events or overloading the Ethereum consensus, the EigenLayer team is expected to launch on Mainnet in Q2, with some AVSes debuting within the quarter.