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Key movements in Ethereum staking since the launch

by SB Crypto Guru News
August 8, 2024
in Ethereum
Reading Time: 1 min read
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Key movements in Ethereum staking since the launch

In my recent report, which celebrates 9 years of Ethereum, I not only revisit the main events that shaped it into what it is today and oversee what it may become tomorrow but also analyze 3 and a half years of ETH staking.

While it seems that our beloved chain has linear stake growth, which is partially true (see the upper chart), when we drill down a bit deeper — the reality seems to be different. Thus, to represent this fact two charts — absolute staked ETH and stake delta — are combined.

The chart below, which presents the delta of stake inflows and unstakes, shows the tendency of repetitive staking activation cycles. The biggest spikes of staked Ether are usually around the upgrades, each of which brought some highly anticipated feature: either burn, staking, withdrawals, or Proto-Danksharding (also known as blobs), showcasing strong community confidence and support for new Ethereum.

If you like this fragment, you can find this and more interesting observations in the report itself: https://everstake.one/crypto-reports/ethereum-is-9-blow-candles-and-celebrate-key-milestones

https://preview.redd.it/x1rt5546jfhd1.jpg?width=2000&format=pjpg&auto=webp&s=66a0d94b9e5b8503d485ceed1d87610d8a005854

submitted by /u/irina_everstake
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Tags: Bitcoin NewsCrypto NewsCrypto UpdatesethereumKeyLatest News on CryptolaunchmovementsSB Crypto Guru NewsStaking
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