- Ethereum staking activity increased closer to the Shanghai upgrade and subsequent staked-ETH unlock.
- Total value staked in ETH2.0 deposit contract hit a new all-time high of 16,042,407 tokens, in an upward swing.
- On-chain indicators like whale activity on the Ethereum network corroborate the growing interest among traders and the community.
Ethereum staking, which involves locking ETH tokens in a deposit contract and earning the opportunity of validating…
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