The amount of Ether staked in ETH 2.0 contracts has reached 6,467,650 estimated to be worth $15.9 billion. As the days of ETH 2.0 main net integration close near, the interest of traders for staking ETH is also rising. Several crypto exchanges have started offering Ether staking services in light of growing demand.
Bitstamp has also started offering staking services for ETH and the CEO of the company Julian Sawyer said he is blown away by the high interest of traders. He said,
“We have been … blown away, if that’s the right term, in terms of the amount of interest that has come.”
The exchange volume of Ether has been on a continuous decline reaching a 3-year high. The second-largest cryptocurrency is currently trading at $2,470 rising by 15% over the past week. The price of the altcoin has recovered along with Bitcoin after moving under $2,000 for the majority of the past two months.
Source: Glassnode
The current price rise is also being attributed to the upcoming EIP-1559 in
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