The state of the Ethereum Consensus Layer upgrade

The Ethereum Consensus Layer upgrades, previously called Ethereum 2.0, progress as the staked ETH and the number of validators see steady growth.

A total of 312,000 validators together stake 10 million ETH on the Beacon Chain. This $25.8 billion worth of ETH represents 8.3% of the total circulating supply.

Such a high share of the total circulating supply staked indicates that the confidence in Ethereum's long-term future is high. In addition, the current yearly staking reward of 4.81% has likely also contributed to attracting ETH holders to stake their holdings to earn yields.

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