Ethereum (ETH) Staking Deposits Drop - Coinleaks
Current Date:September 21, 2024

Ethereum (ETH) Staking Deposits Drop

According to data from Glassnode, one of the popular onchain platforms, monthly staked Ethereum ( ETH) amount is decreasing.

Known for reporting onchain data on April 9 glassnode, Ethereum presented its new report on the staking services of its ecosystem. Due to increasing regulatory pressures and a planned April 12 He stated that he observed a decrease in ETH taking deposits due to the Shapella update. . The published report on the decline of staking studies, especially “ regulatory edition and Shanghai ” connected to the upgrade. The current downward trend of deposit activities has created a question mark for the upcoming ETH updates.

Mobility Increases With Ethereum Updates Approaching

Testing $1,942 in the past days ETH, which has seen its peak price for the last 7 months continues to blow in the crypto market with the wind it gets behind. The Ethereum network, which is getting closer to its update date day by day, It also seems to have impacted a lot of data for the crypto industry . According to Glassnode, which was published yesterday on this subject, ” Staking Deposits DropThe ” report sets a good example.

The expectations of crypto investors for ETH, one of the leading names of cryptocurrencies, continue at a high level. ETH, which overtakes BTC in this process as an effect on the marketseems to be in the leadership seat, albeit for a short time.

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