Ethereum Staking Hits Record Levels As Buterin Urges Builders To Deliver Real Apps
According to ValidatorQueue data, staked Ethereum has climbed to close to 36 million, equal to nearly 30% of the circulating supply. That figure now represents more than $119 billion at current prices. Staking rose from 35.5 million to almost 36 million since early January, even though ETH has fallen more than 30% since August. The…
VanEck’s New Spot Solana ETF Filing, Leveraging JitoSOL As Backbone
On Friday, VanEck, asset manager and cryptocurrency exchange-traded fund (ETF) issuer, announced a new filing for a spot Solana ETF backed by JitoSOL with the US Securities and Exchange Commission (SEC). This marks a significant change from other crypto ETFs as it would be the first fund to utilize a liquid staking token. A New…
Ethereum Price Declines Despite Record Staking And ETF Activity
Recent Ethereum market swings have revealed an interesting disparity between price and network activity. Staking activity has kept rising while ETH retreated to $3,400, a 16% drop from its December peak. Due to investors staking record amounts of ETH, the total staked assets have exceeded expectations. Even while short-term price fluctuations have led some to…
Ethereum Poised For A Bullish Q1 2025? Here’s What Experts Say
Ethereum (ETH) – the second-largest cryptocurrency by market capitalization – may finally seize its moment in Q1 2025. Crypto experts have taken to X to share their analyses of a potentially bullish start to the new year for ETH. Ethereum Bullish Price Action In Q1 2025? Although Ethereum is up by almost 43% on a…