Post

Jun 02, 2023

$100m Daily Inflows: Ethereum Staking Thrives After Shapella

Research · 8 Minute Read · Written by Stakewolle


Ethereum
stakewolle
vsp

TL;DR:

ETH staked increased by 11% after the Shapella Upgrade
• Validators are restaking their unlocked Ether, contrary to concerns of a price drop
• The Memecoin craze led to increased on-chain activity and a decrease in circulating ETH supply