ETH 2.0 staking continues to see an increase in the number of validators being added to the staking platform. In just under four weeks, validators have climbed from roughly 180,000, to 200,121 validators at present. The addition of over 20,000 new validators has seen the amount of ethereum staked also continue to surge.
As previously reported one month ago, the staking platform for ETH 2.0 held 5.91 million Ethereum, or $12.7 billion at the time of writing. Currently, the staking platform now holds 6.6 million ethereum, or $14 billion in value.
The popularity of ethereum continues to see adoption across the industry. Most recently, the Ethereum 2.0 chain merge proposal was approved. The move formally initiates the process of upgrading the Ethereum network from its current proof-of-work chain to the highly anticipated proof-of-stake consensus mechanism.