Ethereum News

More than 5 million ethers are owned in Ethereum 2.0


The total shares in Ethereum 2 locked in its deposit agreement exceeded 5 million units and their total value is estimated at about $ 14 billion.

to the the report Ethereum 2 Finance, the upgraded Ethereum 1 network, now has more than 5 million ether units under its deposit contract, the highest ever recorded.

According to the latest data released on the Etherscan platform, the total value of ethers in the Ethereum 2 stake is estimated at $ 14 billion.

Ethereum 2 officially began its journey with the launch of Beacon Chain in December 2020. The Ethereum community fully supported the network upgrade and invested more than 1 million ethers in the first week of December 2020.

The world number two digital currency, after recording a record $ 4,350 on May 12, has experienced volatile fish, so that on May 23 (June 2) it reached about $ 1,800.

At the time of writing, Ether is trading at close to $ 2,700 and has a total market value of $ 311.6 billion. This digital currency has grown by more than 250% since the beginning of 2021, despite the decline it has seen in recent weeks.

The recent rise in ether prices has accelerated the movement of whales. The Santiment analytics platform reported an increase in ether whale movements amid market fluctuations earlier this week.

Sentiment wrote on his Twitter page:

The number of Ethereum whale transactions (over $ 100,000) this week reached a level unprecedented since January 2018. Ether fell to $ 2,015 in just one week after reaching a record high of $ 4,358 just nine days ago.

According to the latest Glassnode data, Ethereum Smart Contracts account for approximately 23% of total ether supply. The growing popularity of NFT and DeFi tokens has boosted demand for the world’s second-largest digital currency.

One of the biggest problems with the current Ethereum network is the increase in transaction fees. Vitalik Buterin, co-founder of Ethereum, recently stressed the importance of Ethereum 2 in solving the problems of the current Ethereum network.

The recent rise in Ethereum prices has pushed the total value of Vitaly Butrin’s public assets to $ 1 billion.

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