Number Of Ethereum Staked Now Higher Than Total Wrapped ETH, Surpasses $21 Bi...
Ethereum network support is growing by the day. The number of ETH being staked ahead of ETH 2.0 quickly surpassed over 5% of all ETH in circulation. The number has now grown even higher. With the number of validators on the Ethereum network already exceeding 200,000. Another milestone that has now been broken is the […]
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Ethereum has been recording win after win over the last month. If it’s not a win in its price, then it is another step forward in its move to being a proof of stake network. These major milestones have reverberated throughout its community, spurring bullish sentiment amongst even the most skeptical of investors. Now, another milestone moving into view for the network promises even better things to come. Staking Nears 13.3 Million ETH The amount of ETH staked on the network continues to rise drastically. The first validator node was set over a year ago, and since then, thousands of....
Staking ETH had first begun on the Ethereum network about two years ago when the move to proof of stake was officially put in motion. Since then, the amount of ETH staked on the network has ramped up. By 2021, the total staked ETH on the Ethereum network had surpassed 5% of the total circulating […]
The Ethereum deposit staking contract has seen increased interest since developers announced that the Merge is likely to happen next month in September. This move to proof of stake will see miners be flushed out in favor of validators who earn rewards for staking their ETH, and more investors want to take advantage of this. This has seen Ethereum hit new milestones, while the most recent one has to do with the amount of ETH staked. Staked ETH Crosses 13.3 Million Staked ETH on the Ethereum network has now reached a new milestone of 13.3 million. This number has been a long time in the....
Ethereum 2.0 now has more than 6.6 million ETH staked. This is more than 5% of the total supply of the cryptocurrency. Staked Ethereum Reaches New Milestone: 5% Of The Total Supply The ETH 2.0 network now has 200k validators accounting for about 6.6 million in Ethereum staked. The current annual percentage return (APR) is […]
Cardano holds bragging rights for the network with the highest proportion of its circulating supply staked and it has not let go of this title. Cardano’s community is home to investors who are investing for the long term rather than trying to take short-term profits from the market. This means that most investors have their coins staked on the platform to serve as validators on its proof of stake mechanism. The blockchain has grown in popularity since it announced smart contracts capability in September. Since then, various partnerships and initiatives focused on increasing usability on....