Investors have dedicated record quantities soon after the US Securities and Exchange Commission made its stance on staking. Ethereum On the network.
According to the Dunes, the amount of Ethereum pledged to verify network transactions exceeded 35 million, exceeding 35 million on Tuesday. Dashboard Dragonfly Capital Data Scientist created by Hildebert Moulié. At the same time, the number of validators earning rewards reached 1.1 million. This is a new record.
Liquid staking solutions exist, but Highwatermark suggests that convictions are growing against Ethereum, said Carlos Guzman, research analyst at Crypto market maker GSR. Decryption.
“It holds market expectations regarding ETH becoming more optimistic and positive,” he said.
Later last month, the top police officer on Wall Street said in a statement Note that staking activity is not considered a securities transaction, and that lack of clarity “impairs the artificially constrained participation in network consensus and the evidence blockchain of decentralized decentralization (…).
Former SEC Chairman Gary Gensler Assumption In 2022 Certified assets It could be a securities in itself, and the statement indicates that individuals and institutions can participate as they are seeking as the asset managers are asking for it. Integrate staking Rewards for funds traded on the exchange.
Liquid Staking ProtocolUsers can lock Ethereum in exchange for tokens that are fixed at the price of an asset, such as Lido, but earn rewards. Crypto Asset Manager Galaxy Digital said Tuesday that it will help bring staining to institutional investors.
According to the Crypto Data Provider, Ethereum has recently changed hands by around $2,500, down 5.4% in the past day. Co Ringecko. As of Tuesday, the Ethereum pile frame is worth $90 billion based on current prices.
In reality, the amount of Ethereum piles affects the rate at which the asset is issued or the new Ethereum is created. According to business development company Etherealize, as more Ethereum is bets, the issuance of assets increases at a decreasing rate.
“Even in extreme hypothetical scenarios, the whole circulating ETH supply (…) can be The use of the network burns piles and zero ETH. The largest possible inflation rate is It was capped at 1.51%,” the company said recently. Research Report.
Unlike BitcoinWhen computers constantly crunch and compete for fresh coins with complex calculations, Ethereum relies on validators who lock in capital in exchange for opportunities to participate in the so-called transaction validation process. merge 2022.
It's a relatively small amount, but the online gambling marketer, Sharplink games I said Last week, as part of the company's financial strategy, it deployed Ethereum in staking and liquid staking solutions, bringing about 167,000 Ethereum, worth around $418 million in total.
Edited by James Rubin
