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The amount of funds involved in the Ethereum 2.0 deposit contract has exceeded 12 million ETH (~$34.15 billion). This is equivalent to roughly 10% of the market supply
The amount of funds involved in the Ethereum 2.0 deposit contract has exceeded 12 million ETH (~$34.15 billion). This is equivalent to roughly 10% of the market supply of the second largest cryptocurrency by capitalization. This is evidenced by data from Etherscan and CoinGecko.
The deposit contract is the largest address in the ecosystem. The Wrapped Ethereum contract is in second place with a balance of 6 million ETH. In third place is one of the wallets of the Kraken exchange (2.11 million ETH).
At the end of April, the number of Ethereum 2.0 validators exceeded 375,000. The growth rate since the beginning of the year was 26%.
Ethereum 2.0 is the second largest stake asset value behind only Solana.
Ethereum 2.0 staking annual interest rate is 4.5%.
Recall that Ethereum developers abandoned the terms ETH1 and ETH2 in favor of “execution level” and “consensus level”, respectively.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
