Jun 02, 2023
$100m Daily Inflows: Ethereum Staking Thrives After Shapella
Research · 8 Minute Read · Written by Stakewolle
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