According to OKLink, the stake rate has exceeded 11.17%. So far this month, 53,000 new ETH coins have been staked, with around 36,000 ETH added to the deposit address every week.Upon transition into a proof-of-stake network, transactions would be verified and added to existing blocks on the network by validators. To become one, a deposit of 32 ETH is required to activate the validator software.
So far this month, the number of transactions depositing the required 32 ETH to the ETH 2.0 deposit contract address has grown, data fromAs of 21 August, 114 new transactions were logged on that day, bringing the cumulated value to 5,083 new deposit transactions so far this month.Even so, as of this writing, the total number of transactions to the ETH 2.0 deposit contract stood at 424,758. Thus, it has grown by 1.4% since August started.
At press time, while its price marked a 0.1% growth in the last 24 hours, LDO’s trading volume was up by 235.75%.Subscribe to get it daily in your inbox.