Ethereum Price Struggles Amid $4.5B Staking Queue, DigiTap Presale Soars to $12.6M

Ethereum's staking queue has not lifted its price this year, despite $4.5 billion worth of ETH waiting to enter staking. As of September 24, about 1.68 million ETH was in line to be staked, valued at roughly $4.5 billion.

The large group of holders willing to stake has not yet led to a price recovery for Ethereum. The token is still down around 9% for the year when those figures were reported.

DigiTap, on the other hand, has attracted substantial demand before its first exchange trade. Its presale has raised over $12.6 million USDT, with more than 373 million $TAP sold.