The Ethereum network has seen steady growth in the number of validators and staked Ether this year. However, experts suggest that this growth might not be the best outcome for the ecosystem. While the growth in staked Ether is due to investors who intended to hold ETH anyway, there is concern that too much staked Ether could have negative consequences. The amount of staked Ether has already likely passed the point of positivity for the network, and any further growth may not add significant benefits. Additionally, having a large portion of Ether staked could lead to issues such as failed transactions and a lack of ETH available for gas payments. Despite the rising interest in staking Ether, its price has declined since reaching its all-time high earlier this year.
- Content Editor ( cryptopolitan.com )
- 2024-10-24
Staked Ether hits new highs, what it means for the ecosystem