coin-img-ETHETH+0.33%coin-img-BTCBTC+0.78%coin-img-SOLSOL+0.67%coin-img-XAUTXAUT+0.19%coin-img-PAXGPAXG+0.12%coin-img-USDCUSDC+0.01%coin-img-CDDCDD-48.87%coin-img-XRPXRP-0.48%coin-img-ETHETH+0.33%coin-img-BTCBTC+0.78%coin-img-SOLSOL+0.67%coin-img-XAUTXAUT+0.19%coin-img-PAXGPAXG+0.12%coin-img-USDCUSDC+0.01%coin-img-CDDCDD-48.87%coin-img-XRPXRP-0.48%coin-img-ETHETH+0.33%coin-img-BTCBTC+0.78%coin-img-SOLSOL+0.67%coin-img-XAUTXAUT+0.19%coin-img-PAXGPAXG+0.12%coin-img-USDCUSDC+0.01%coin-img-CDDCDD-48.87%coin-img-XRPXRP-0.48%coin-img-ETHETH+0.33%coin-img-BTCBTC+0.78%coin-img-SOLSOL+0.67%coin-img-XAUTXAUT+0.19%coin-img-PAXGPAXG+0.12%coin-img-USDCUSDC+0.01%coin-img-CDDCDD-48.87%coin-img-XRPXRP-0.48%

UPDATE: Ethereum Foundation Nears 70,000 ETH Staking Target After Major Deposit

The Ethereum Foundation is now within 500 ETH of reaching its 70,000 ETH staking goal following a large deposit on Friday. Arkham data shows the nonprofit staked 45,000 ETH—valued at more than $92 million—across a series of transactions. Staking yield will be used to support protocol research and development as well as ecosystem grants. The foundation began staking in February with 2,016 ETH, then added 22,517 ETH in March. Its treasury policy now puts greater emphasis on staking and DeFi as part of a long-term financial sustainability strategy.
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ETH+0.34%
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