Total ETH Staked in Ethereum 2.0 Reaches $ 4.1 Billion.
Glassnode company mentioned a new ATH related to Ethereum (ETH). According to the data, the total amount staked in ETH 2.0 is worth $ 4.1 billion.According to Glassnode data, about $ 4.1 billion of coins remain locked in the Ethereum 2.0 deposit contract. The number of ETH stakers invested in the ETH 2.0 contract reached an all-time high with a value of $ 4.1 billion.
Previous ATH of $4,057,383,552.67 was observed on 29 January 2021
— glassnode alerts (@glassnodealerts) February 2, 2021
They Continue to Send ETH
Glassnode is tracking how ETH 2.0 and stakes are evolving, and analysts have been updating the situation since December. More than half a million ETH is locked in ETH 2.0. This is an amount that exceeds the initial target.
The ETH lockdown was necessary to launch the first phase of the ETH 2.0 upgrade, which has been expected by the community for several years. It is expected to greatly increase the number of transactions per second, solve other scalability problems, and dim the Ethereum blockchain from PoW to PoS. Now stakers are sending more ETH to lock into the deposit contract.
Ethereum Approaches A New ATH
At the time of writing, Ethereum, the second largest crypto currency, was trading at $ 1,429.Analysts are watching charts of pure attention as ETH approaches its all-time high of $ 1,470 in January.