Ethereum ETH/USD has reached a fresh record, with 19,375,242 ETH now locked away, amounting to a total value locked (TVL) of $27.7 billion.
This achievement comes despite recent minor withdrawals. It also has significant implications for Ethereum and its investors, particularly concerning the cryptocurrency’s potential for ongoing growth.
The locked-up ether can be categorized into various segments, such as staked ETH on the Beacon chain, transferred ETH to the Beacon contract awaiting validation, and rewarded ETH on the Beacon chain.
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