Launch prices are volatile, but the spot price has stabilized for EDEN. The current FDV of $400m is close to its $500m TVL, a healthy ratio compared to other RWA tokens like Ondo. OpenEden shows strong traction. While many projects lose TVL after points campaigns, it retained most of its pre-listing TVL and even grew since TGE, proving organic demand. It also announced a partnership with STBL, launched by Tether’s co-founder (another bag I own).(Route 2 FI)