maartunn
Supply staked in ETH 2.0 crossed 10%๐
Yesterday, the percentage Ethereum which is staked in a ETH 2.0 Deposit Contract surpassed 10%. That is around 12M Ethereum!๐ฅ What is Ethereum Staking? Staking means that Ethereum is locked up in an contract and gives the right to participate in block proposals on the network. It helps to secure the Ethereum Network and in exchange you'll get a reward Is this bullish or bearish? This is a bullish sign for Ethereum because it's locked and can't easily be sold on the market.