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CoinGape
2024-02-12 22:53:04

Ethereum Staking Hits New High, Surpasses 25% Participation

Ethereum Staking Hits New High, Surpasses 25% Participation

Ethereum, the blockchain platform second only to Bitcoin in market capitalization, has achieved a significant milestone in its staking participation rate, surpassing the 25% mark. This development, highlighted by on-chain analytics firm IntoTheBlock, underscores a growing interest and confidence in Ethereum’s proof-of-stake (PoS) consensus mechanism. The increased staking participation demonstrates the community’s faith in Ethereum’s The post Ethereum Staking Hits New High, Surpasses 25% Participation appeared first on CoinGape .

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