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Number of Ether Staked Has Surged by 4.4 Million Since Shapella Upgrade

Staking refers to locking coins in the blockchain network in return for rewards.

Updated May 23, 2023, 2:34 p.m. Published May 23, 2023, 8:08 a.m.
The number of ether staked in the network has surged to a record high of 22.58 million. (Glassnode)
The number of ether staked in the network has surged to a record high of 22.58 million. (Glassnode)