Fidelity Stakes 100% of ETH, AlphaPepe Presale Soars with 200% Bonus

Fidelity is pushing the boundaries of Ethereum staking with plans to allow its Ethereum fund to stake up to 100% of its ETH under normal conditions. This move adds another bullish narrative for Ethereum, which has already gained nearly 30% over the past week as institutional interest returns.

The Fidelity Ethereum Fund would retain 85% of gross staking rewards, with 15% allocated to service providers and net rewards distributed quarterly to shareholders. However, it's essential to note that this plan still depends on the amended registration becoming effective, meaning not all ETH is already staked today.

Meanwhile, AlphaPepe (ALPE) is heating up its presale with a 200% Bonus Drop and Stage 20 live at $0.02761, having raised $2.46 million and accumulated over 11,000 holders. The presale has entered a tighter part of its pre-market timeline with August 26's roadmap update and August 31's Tier-1 exchange announcement approaching.