blackbeans
Elite Member
- Nov 29, 2008
- 9,247
- 4,806
ETH has been hit with a lot of bad news lately (at least one analyst saying it's going to crash a further 80% / more developers leaving the ETH ecosystem due to high gas fees and other issues / etc etc) here's some good news: The total value staked in ETH2 deposits has surged to10% and rising.
This shows great confidence in the upcoming ETH Merge.
Source: https://zycrypto.com/total-value-lo...ntract-soars-to-new-highs-as-the-merge-nears/
The higher the staking %, the less ETH can be sold and this can lead to upward pressure on ETH's price if demand grows
This shows great confidence in the upcoming ETH Merge.
Source: https://zycrypto.com/total-value-lo...ntract-soars-to-new-highs-as-the-merge-nears/
The higher the staking %, the less ETH can be sold and this can lead to upward pressure on ETH's price if demand grows