The Ethereum Foundation’s staked amount reaches 46k ETH, having completed two-thirds of its target

ETH-0,87%

Gate News message, on April 5, the Ethereum Foundation increased its staked ETH holdings. It has now reached about two-thirds of its preset 70k ETH staking target, or roughly 46k ETH. This move is intended to strengthen blockchain infrastructure and support network security. The Ethereum Foundation plans to keep using the remaining roughly 23k ETH for staking; the rewards earned are typically used to fund research, grants, and protocol upgrades. At present, the total amount of staked supply across the Ethereum network is already in the tens of millions of coins.

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