Ethereum’s record staking queue looks bullish, but one corporate giant is secretly distorting the real signal
A single corporate treasury has effectively hijacked Ethereum’s validator mechanics, executing a billion-dollar maneuver that has flipped the network’s flow data from a steady exodus to a sudden traffic jam. For the first time in six months, the queue to stake ETH, locking up tokens to secure the blockchain in exchange for yield, significantly outstrips […] The post Ethereum’s record staking queue looks bullish, but one corporate giant is secretly distorting the real signal appeared first on CryptoSlate.
A single corporate treasury has effectively hijacked Ethereum’s validator mechanics, executing a billion-dollar maneuver that has flipped the network’s flow data from a steady exodus to a sudden traffic jam. For the first time in six months, the queue to stake ETH, locking up tokens to secure the blockchain in exchange for yield, significantly outstrips […]
The post Ethereum’s record staking queue looks bullish, but one corporate giant is secretly distorting the real signal appeared first on CryptoSlate.