Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

ETH 2.0 Exceeds 200k Validators, Presently Staking at $14 Billion in ETH

Published 07/26/2021, 08:19 AM
Updated 07/26/2021, 09:00 AM
©  Reuters ETH 2.0 Exceeds 200k Validators, Presently Staking at $14 Billion in ETH

  • ETH staking platform breaches over 200,000 validators.
  • Presently, 6.6 million ETH is being staked.
  • The total value is equivalent to 14 billion USD of locked ETH.

ETH 2.0 staking continues to surge upward as more validators are being added to the staking platform. In less than four weeks, ETH 2.0 staking welcomed between 180,000 to 200,121 validators. This growth of over 20,000 new validators positively impacted the amount of ETH staked on the platform as this also witnessed a significant increase. At the time of writing, ETH 2.0 staking has exceeded 200,000 validators, and the current staking stands at over 6.6 million in ETH, totalling over $14 billion.

As earlier reported a month ago, the ETH 2.0 staking platform held 5.91 million Ethereum worth $12.7 billion value. However, this number has grown substantially, and there are currently 6.6 million ETH on the staking platform, valued at 14 billion U.S. dollars.

Ethereum continues to see widespread growth and adoption...

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.