Ethereum Staking Surges 40M ETH Locked
Ethereum’s staked supply increased by 4.05M ETH, reaching 39.6M total locked. Lido Finance leads liquid staking with 61.66% market share. Annualized inflation at 0.83%. #Update #DeFi $ETH
Proof of Stake (PoS)
Ethereum Hits 70,000 ETH Staking Milestone
The @Ethereum Foundation staked 45,034 $ETH on April 3, totaling 69,500 ETH. This initiative is projected to generate $3.9–$5.4M annually, reducing ETH sales. #Update #Crypto $ETH
Ethereum Validator Exodus Swells 188% Since August
Ethereum stakers face a record queue as 2.64 million ETH, worth $12.34 billion, file voluntary exit requests to stop staking. #Update #Crypto $ETH
Ethereum Solana Staking ETFs Near Approval
@RexShares filed an effective prospectus with the U.S. Securities and Exchange Commission for $SOL and $ETH staking ETFs, marking a step closer to US listing. #Update #ETF $SOL (+3) ↗
SEC Clarifies Staking Not Always Securities
The SEC’s Division of Corporation Finance clarifies that defined protocol staking on proof-of-stake networks is not a securities offering under federal law. #Update #Legal $ETH (+3) →
Crypto Council Pushes SEC Staking Clarity
@CryptoCouncil submitted a letter urging the U.S. Securities and Exchange Commission to clarify rules on crypto staking, advocating for better industry regulation. #Update #Legal (+3) →
Bitcoin Staking Expands Across 70 Chains
@BabylonLabs and @AxelarCore announced an integration for self-custodial bitcoin staking across over 70 chains, powered by $BABY on the Babylon Genesis mainnet. #Update #Crypto $BTC (+4) ↗
Ethereum Boost: Pectra Upgrade Sparks Hope
@Ethereum’s focus on foundational development over hype is seen as a reason for $ETH’s underperformance, but the Pectra upgrade offers hope for 2025. #Update #Crypto $ETH (-4) ↘