Ethereum staking has concurrently reached an all-time high, with nearly 27% of all ETH staked, reflecting growing confidence in the network’s security.
Ethereum is also seeing heightened activity by restaking protocols with leading platform EigenLayer amassing $13 billion in TVL.
In the last month of March, the Ethereum blockchain successfully implemented the Dencun upgrade ushering in greater scalability and reducing gas fees on the network. This resulted in a strong surge in the DeFi activity taking place on the Ethereum mainnet, as reported by Crypto News Flash.
As per the current data from Cryptoquant, Ethereum staking has surged to a new all-time high level with nearly 27% of all ETH staked at this point. The continuous enhancements and expansion of Ethereum, notably with the integration of DeFi protocols like EigenLayer, have bolstered the appeal of staking.
Heightened investor engagement underscores their commitment to fortifying the network’s security and, consequently, its
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