Ethereum developers agreed to raise the maximum validator stake from 32 to 2,048 ETH in the upcoming Pectra upgrade. The proposal was discussed during Thursday's core developer meeting.
Currently, Ethereum validators are subject to an effective balance cap set at both the minimum and maximum of 32 ETH. This requirement forces large-scale staking operations to establish multiple validators to earn yield on amounts greater than this. There are over 900,000 validator stakes for this reason.
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