$100m Daily Inflows: Ethereum Staking Thrives After Shapella

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by Stakewolle
Published on June 2, 2023
$100m Daily Inflows: Ethereum Staking Thrives After Shapella

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