A new threshold has been exceeded in the stakes in the Ethereum network, which is the largest cryptocurrency in the market after Bitcoin.
According to blockchain data, on the Ethereum network for staking purposes the ratio of ETHs used to the total supply in circulation, 25% limit for the first time in history exceeded.
According to information provided by Dune more than 942 thousand in total validator, 30.1 million ETH staking.
Staking flow in Ethereum showed growth after the Shapella update in April 2023. Thanks to this update, users can use the ETHs they use for staking purposes. to be able to withdraw they started. Another thing that contributes to the staking flow is Liquid staking like Lido Thanks to platforms, this process has become more flexible.
Thanks to these solutions, users for staking purposes the ETHs they use through liquid tokens also in other applications can use it.
Lido ranks among other platforms in terms of stake amount With a market share of 31.4% While it is at the top, it is followed by Coinbase with 14.4%.
Ethereum price rose today following an update by Ark Invest and 21Shares for spot Ethereum ETFs. is on the rise.
The article titled Quarterly Threshold Reached in Leading Altcoin Fueled by ETF Hopes was prepared by Selim Kuşçu and published on koinbulteni.com.