Ethereum Foundation Staking Reaches 46,000 ETH

Odaily reported that the Ethereum Foundation has increased its staked ETH holdings, now reaching approximately two-thirds of its preset target of 70,000 ETH, which is about 46,667 ETH. This move aims to strengthen blockchain infrastructure and support network security. The Ethereum Foundation plans to continue staking the remaining approximately 23,333 ETH, with the rewards typically used to fund research, grants, and protocol upgrades. Currently, the total staked supply on the Ethereum network has reached tens of millions.