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Ethereum staking returns soar to record-breaking levels; Here's why

finbold.com

After the major upgrade to the Ethereum (ETH) ecosystem launched in mid-April that enabled investors to withdraw their staked ETH, the staking returns on the second-largest cryptocurrency by market cap have reached record highs.

Read in Full: finbold.com
Bitcoin ETH
$ 2949.12

Timeline of Ethereum


Ethereum holders are at loss despite the bullish spur - Crypto news

As the global cryptocurrency charts move in uncertainty, the second-largest crypto, ethereum (ETH), witnessed a significant fall on May 12 — the price dropped to a one-month low of $1,745. Ethereum's price started to rise on May 13.


End of Ethereum? Here's What Finality Issue Is Really About - UToday

Recently, on the 11th and 12th of May, a curious situation arose within the Ethereum network. A significant majority of the network's validators, which comprise over 60% of the total, unexpectedly halted their operations.


Ethereum network bounces back as 60% validators go offline and first inactivity leak occurs - CryptoSlate

The Ethereum network faced an unprecedented event on May 11 and 12, as over 60% of validators stopped performing their duties, causing 253 blocks to miss their proposal deadlines. Despite transactions still being processed, this marked the first occurrence of a mysterious "inactivity leak.


Buyers Losing Key Support Hints Ethereum Price at 12% Downside Risk for Coming Week | Coingape - Coingape

The Ethereum price breakdown from monthly support of $1827 indicates this altcoin is poised for a longer correction. However, the falling price witnessed significant demand pressure near the 100-day EMA at $1766, indicating the buyers have not thrown the towel yet.


Ethereum developers address finality issues in Beacon Chain - Cryptopolitan

The Ethereum network has faced transaction finality challenges twice in the past week, with the Beacon chain experiencing difficulties finalizing blocks on May 11 and May 12, 2023. The first incident lasted for 25 minutes, while the second persisted for over an hour.


Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network - Bitcoin

On Friday, Ethereum's Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks.


Ethereum (ETH) Faced 'Degraded Performance,' Not Outage, Developers Say - UToday

Yesterday, Ethereum (ETH), the second largest blockchain and the main smart contract platform, went through two incidents with block finality. It recovered promptly, and the network was online during the whole period of issues, developers say.


Ethereum Clients Release Crucial Updates As Blockchain Suffers Two Outages in 24hrs | Coingape - Coingape

Ethereum consensus clients Prysm and Teku released new updates to fix the recent Beacon Chain finality issues. The Ethereum network suffered from finality issues two times within 24 hours, first for 25 mins and the second time for over an hour.


Ethereum To Explode by 50% in ‘Best-Case Scenario,' Predicts Popular Crypto Analyst – But There's a Catch - The Daily Hodl

A widely followed crypto analyst and trader believes Ethereum (ETH) could rally to levels last witnessed about a year ago. Pseudonymous crypto analyst Kaleo tells his 586,700 Twitter followers that Ethereum could surge to $2,400, a level last reached in May of 2022 before the Terra (LUNA) ecosystem collapsed.


Liquid Staking Derivatives Witness Surge with Over 440,000 Ethereum Added in Two Weeks - Coinnounce

The market for liquid staking derivatives has witnessed a surge, with over 440,000 Ethereum added in just two weeks. This trend reflects the growing interest in unlocking the potential of staked Ethereum while meeting investor demand for liquidity and yield.

Bitcoin Bitcoin
65506.7000 -0.66%
Ethereum Ethereum
2950.06000 -2.02%
BNB BNB
571.050000 -2.12%
Solana Solana
161.980000 -0.57%
XRP XRP
0.51703400 -0.32%