Ethereum Staking Yield Historically High: How Will Price Be Affected?

Ethereum (ETH) annual staking rate (APR) has reached an all-time high (ATH).

Ethereum staking yield has reached an all-time high. Ethereum’s annual staking rate according to data provided by Token Unlock May 15 day 8.72% saw the level. Shanghai The APR increase since the update, and the subsequent record level for investors to staking Ethereum attractive reached a percentage. on the Ethereum network validator (verifier) ​​number record by breaking 571 thousand level rose.

In addition, it allows staking on the Ethereum network. stETHIts annual interest rate is at an all-time high. 8%′e rose. stETH is tied to ETH at a fixed rate and therefore 1 ETH equals 1 stETH.

Market analysts say rising APR rates How will it affect the ether price? seems to be divided on the issue. Some analysts are investors of the increase in rates. buy more Ethereum and push it to stake and increase in demand positive Although it claims that it will be reflected in the APR increase compared to others temporary and this may have a visible reflection on the price. may not be.

Ethereum APR, various to factors connected may change as Among them amount of liquidity, supply demand situation in the market, risk ratios And transaction fees factors such as interest rates in Ethereum, from the platform to the platform may change and may fluctuate over time depending on market conditions.

Shanghai update and rising APR fuel interest

Happened about 1 month ago Shanghai Since the update, the amount of ETH locked on the protocol has exceeded the amount withdrawn. After Shanghai, there will be security issues in the network as millions of ETH will be unlocked and users will withdraw these assets. thesis so it rotted.

On the contrary, users are covered by this flexible protocol. increased its interest in staking services. Investors continue to stake more assets in line with the increasing annual rates of return.

In total since Shanghai update 2.67 million ETH when withdrawing from staking 3.42 million ETH to stake if locked. Ethereum network Proof of Work (PoW) from the mechanism Proof of Stake (PoS) The staking service, which has a critical position with the passage of time, ensures both the security of the network and its smooth operation.

Within 24 hours, according to CoinGecko data 1.4% valued ETH, at the time of writing 1,832 traded in dollars.

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