Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Batch18-19 on October 13, 2021, 10:40:06 AM
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Ethereum 2.0, the network upgrade of Ethereum, has gained immense support from the ETH community. According to the recent data posted by Etherscan, one of the leading block explorer and analytics platforms for Ethereum (ETH), the deposit contract of ETH 2.0 now has approximately $28 billion worth of staked ETH.
Nearly 7.94 million Ethereum tokens have been staked under the deposit contract of ETH 2.0. The latest price surge in the world’s second-largest digital asset has played an important role in the rising valuation of the staking contract of Ethereum 2.0. ETH saw a major rally in the last three weeks, the price jumped from $2,700 on 22 September to over $3,650 on 8 October.
In August 2021, the staking contract of Ethereum 2.0 crossed 6.5 million coins. In the last 8 weeks, the ETH community has deposited nearly 1.5 million tokens in the staking contract of ETH 2.0. The overall valuation of the deposit contract has also jumped from $20 billion to $28 billion during the mentioned period.source (https://cryptonews.net/2212589/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)