Ethereum Validator Queues Clear, Staking Returns Decline: Coinbase Research

Coinbase, in its latest research update, has highlighted a noteworthy development regarding the Ethereum blockchain. For the first time since the introduction of the Shanghai upgrade in May, the queue for Ethereum blockchain validators has been cleared. This shift may indicate a leveling off of investor enthusiasm for staking ether (ETH). Validators play a critical role in the Ethereum ecosystem, as they validate transactions by committing ether and earn rewards in return. With the introduction of the Shanghai upgrade, it became possible to withdraw the staked ether. The substantial...

source: https://tokenpost.com/Ethereum-Blockchain-Witnesses-Reduced-Demand-for-ETH-Staking-Notes-Coinbase-Research-10831

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