ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low

–Read Here– Ethereum is back over $4,000, but it seems as if people are jumping ship from validating the new ETH 2.0 testnet.

“On-chain data analytics platform Glassnode revealed that the number of externally owned Ethereum addresses (EOA) fell to its lowest levels in the last 17-months,” said Yashu Gola of Cointelegraph, “to 108,915. As of November last year, the count was around 127,500.”

This also doesn’t mean the sky is falling either. They go on to say “But that does not mean Eth2 is lacking fresh staking interest. The project enables small stakeholders to pool their ETH holdings together via third-party services. In turn, the collective fund deposits 32 ETH to the Eth2 smart contract.”

Published by Dalton Hawk Stokes

I am a Journalist, a gamer, and a cryptocurrency/blockchain enthusiast with a bachelor's degree in Journalism and English. I own Bitcoin, ETH, and many other cryptos.

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