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Ethereum Foundation doubles staked ether, clearing two-thirds of 70,000 ETH target
š° sourcesā 10.0
TL;DR:
The foundationās latest staking allocation mirrors its biggest-ever single-day move and is a major step-up from its initial February deployment.
Key Points:
Background:
Ethereum is the leading smart contract platform, enabling decentralized applications and DeFi protocols.
Why It Matters:
This development could influence ETH price action and market sentiment in the near term.