On the Ethereum 2.0 deposit contract, 3,066,914 ETH is blocked for staking, and over the last month, stakers have added more than 500,000 ETH.
By data
Glassnode, Ethereum 2.0 coins blocked for staking reached 3,066,914 ETH. Now ETH is traded for $ 1,760 – the cost of Ethers blocked on the ETH 2.0 deposit contract is more than $ 5.4 billion.
#Ethereum $ ETH Total Value in the ETH 2.0 Deposit Contract just reached an ATH of 3,066,914 ETH
View metric:https://t.co/SzbMPqvhlb pic.twitter.com/dCpmxpn5DZ
— glassnode alerts (@glassnodealerts) February 13, 2021
The number of coins blocked in Ethereum 2.0 continues to grow. In mid-January, 2.5 million ETH was blocked for staking – almost 2% of the Ether in circulation. As a reminder, the first phase of Ethereum 2.0 was launched on December 1st.
Ethereum 2.0 capabilities will expand as the next phases roll out. Beacon Chain was launched a week after more than 524,288 ETH were blocked in the Ethereum 2.0 deposit contract, and more than 16,384 validators expressed their willingness to join the network.
Recently, CoinShares analysts stated that Ether has become the most popular asset for institutional investors. At the same time, the launch of ETH futures on the CME exchange took place only on February 8.
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