Ethereum’s [ETH] staking activity continued its upward swing as the total value staked in ETH 2.0. deposit contract reached yet another ATH, data from Glassnode revealed.
📈 #Ethereum $ETH Total Value in the ETH 2.0 Deposit Contract just reached an ATH of 16,042,407 ETH
Previous ATH of 16,042,391 ETH was observed on 14 January 2023
View metric:https://t.co/SzbMPqvhlb pic.twitter.com/QRT9ANf6dr
— glassnode alerts (@glassnodealerts) January 15, 2023
How many are 1,10,100 ETHs worth today?
A drill down of the chart further indicated that this value saw a substantial increase since 6 January. This was when developers announced that the Shanghai Upgrade, which will enable the withdrawal of staked ETH, will go live in March 2023.
Notwithstanding the 1.3% drop observed in ETH’s price at the time of writing, the king of altcoins made a remarkable recovery since the FTX contagion hit the crypto market. The bullish cycle also witnessed ETH sprint towards its pre-FTX market cap levels.
The number of validators on ETH network steadily increased by 0.61% over the seven-day period, per data from Staking Rewards. The revenue from transaction fees also shot up by almost 24% which lent credence to the lucrativeness of ETH staking.
The annualized reward rate or the reward that validators can expect to earn per year was estimated at 3.8%.
Source: Staking Rewards
Interestingly, the percentage of eligible tokens that were being staked stood at 13.87%, significantly lower than other popular chains like Cardano [ADA] and Solana [SOL] which had as staking ratio of over 70%.
On-chain indicators corroborated the growing appeal of the network. Whale transactions registered a sharp uptick to hit their highest value in more than two months. As of 14 January, the transactions hit 5646, a jump of almost 30% over the last month.
The new participants entering the network rose steadily indicating that Ethereum’s adoption was on the rise.
Source: Santiment
The increased activity was also highlighted by the velocity indicator which steeply increased to 3.99 on 14 January. This suggested that ETH moved more frequently across wallets.
Is your portfolio green? Check out the ETH Profit Calculator
However, ETH investors are wary of the fact that the Shanghai Upgrade could intensify selling pressure in the market. Data analytics firm Bitwise challenged the claim and stated that mass sales will be impossible as the amount of ETH that could be unstaked will be limited at any point of time.
Bitwise also predicted that ETH will turn deflationary in 2023 and its total circulating supply will drop by 1% or more, bringing more relief to investors.
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marcushenderson624
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marcushenderson624
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09.10.25 11:05
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12.10.25 01:12
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12.10.25 21:36
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robertalfred175
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14.10.25 08:46
robertalfred175
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14.10.25 08:46
robertalfred175
CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
15.10.25 18:07
crypto
Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.
15.10.25 21:52
harristhomas7376
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15.10.25 21:52
harristhomas7376
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