Despite the overall downturn in the cryptocurrency market, the Ethereum validator network has shown strong resilience, with growing staking demand and reduced withdrawal wait times to about one day. Nasdaq CEO Charles Allen pointed out that this reflects a greater preference for users to stake Ethereum rather than sell, and also indicates that the Ethereum network is extremely secure. Bitmine Immersion Technologies recently staked an additional $341 million worth of Ethereum, bringing its total staked to over 2.33 million Ethereum, worth $7 billion.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Despite the overall downturn in the cryptocurrency market, the Ethereum validator network has shown strong resilience, with growing staking demand and reduced withdrawal wait times to about one day. Nasdaq CEO Charles Allen pointed out that this reflects a greater preference for users to stake Ethereum rather than sell, and also indicates that the Ethereum network is extremely secure. Bitmine Immersion Technologies recently staked an additional $341 million worth of Ethereum, bringing its total staked to over 2.33 million Ethereum, worth $7 billion.