Ethereum 2.0 closes in on $4B value locked as stakers commit over 2% of supply
Ethereum is now the third largest blockchain by stake committed, and has plenty of room to grow. Little more than a month after launching, the Ethereum 2.0 blockchain now holds 2.7 million Ether (ETH), worth $3.8 billion.The combination of the Ether price rally and an ever increasing amount of stakers have propelled the Ethereum 2.0 blockchain to become the third largest blockchain by staked funds. This is an increase of more than 1 million ETH since Cointelegraph’s last progress report on Dec. 18. Since then, Ethereum surpassed Tezos (XTZ) but is still lagging behind both Polkadot (DOT),....
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In an effort to maintain decentralization and promote responsible and sustainable blockchain growth, a group of large Ethereum stakers have voluntarily agreed to devote themselves to a self-limit rule that would restrict the scope of their staking activities on the network to a certain threshold. Ethereum Stakers Commit to 22% Self-Limit Rule Ethereum Beacon Chain […]
Today, Ethereum has reached a new milestone with over 25% of all ETH supply locked behind smart contracts, a notable increase over the 15% during last year. As pointed out by ETHhub founder, Anthony Sassano, the current ETH supply percentage under smart contracts is similar to what it was during the DAO event in 2016. […]
The Ether losses risk becoming steeper due to unfavorable technical and macroeconomic indicators. Ethereum investors who staked millions of dollars worth of Ether (ETH) tokens to become validators on its soon-to-launch proof-of-stake (PoS) network are now facing heavy paper losses.Ether spot traders outperform stakers by 36.5%In detail, investors have locked a little over 13 million ETH into the so-called Ethereum 2.0 smart contract since it went live in December 2020. However, there is no date when these investors can redeem their tokens alongside the 10% yield.Interestingly, around 62%....
Data shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 billion just a few days back. Realized Price Of ETH 2.0 Deposits 44% More Than Normal Supply As per a special report released by Glassnode and CoinMarketCap, the Ethereum locked into the 2.0 contract is […]
Over the past week, the price surge in the LUNA token has caused it to rise to become the second most-staked primary digital currency in TVL leaving Ethereum behind. In addition, a data source reported this data showing that Terra’s LUNA coin passed the Ether coin, which currently has more than $28 billion in Total Value Locked. According to the data report, the Terra crypto project has over 226,325 stakers, accounting for $29.5 billion worth of staked LUNA tokens. Thus, pushing the network to second place, towering over Ethereum. Related Reading | Bitcoin Outflows Spike As 30k....