Ethereum Price Soars 30%, Staking Activity Remains Robust
Ethereum's price has surged over 30% in the past month, reaching around $2,459. Despite this significant increase, staking activity remains robust with no validators exiting.
About 42.4 million ETH, or 34.8% of the supply, is staked, indicating confidence among validators in further price appreciation.
The validator base is expanding, and major players like Bitmine and Shaprlink continue staking large amounts.