Total Amount of Ethereum Staked (ETH) Doubled in 1 Year!

Arcane Research’s According to the report dated August 30, 2022, staked in the last 1 year Ethereum increased from 6.5 million to 13.4 million. staked ETH Thus, the amount doubled in 1 year.

The ratio of staked Ethereum to overall supply increased from 7% to 11%.

According to Arcane Research researcher, unlocking staked ETHs will not bring a hard drop. On the contrary, the arrival of the ability to unlock will increase the demand for staking a lot. With increased liquidity for staking positions, the number of ETH holders willing to stake will increase even more.

Also, existing staked ETHs will be released in 6 to 12 weeks.

Ethereum Merge update is fast approaching. With the update, which is expected to take place on September 15, 2022, the Ethereum economy will change from top to bottom. Transactions on the network will not be done with miners, but with validators holding at least 32 ETH.

Users will stake at least 32 ETH on the Ethereum network to become a validator. Staked ETHs will be locked for a period of time and cannot be recovered.

As the Ethereum Merge update approaches, investors’ demand for derivative Ethereum tokens (like stETH, cbETH) continues to increase. A difference that may occur between these tokens and the Ethereum price will present a serious arbitrage opportunity to traders.

For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!


source site-4