Briefly
- The amount of Ethereum recently exceeded 35 million.
- It’s “optimistic” development, one analyst said.
- The high water mark follows clarity in putting from SEC.
Shortly after the US Commission Ethereum to the network.
The Ethereum amount pledged to check valid network transactions on Tuesday exceeded 35 million, which is all the time high, which represents 28.3% of the asset circulating supply, according to Dina Supervisory board Created by a scientist of the dragon capital data of Hildebert Moulé. At the same time, the number of validators earning awards has reached 1.1 million – a new record.
Although there are liquid investment solutions, a high water brand suggests that the belief for Ethereum, Carlos Guzman, analyst of research in Crypto Market Maker GSR, said Decipher.
“It deals with market expectations around ETH that become more optimistic and more positive,” said “people may expect the price to increase in the future, and therefore feel more confident in terms of assets.”
At the end of last month, top police officer Wall Street in a statement That activities are not viewed as a securities transaction, noting that the lack of clarity is “artificial limited participation in the network consensus and undermined decentralization […] Blockchains a evidentiary role. “
Although former president of Sec’s Gary Gensler positive 2022. It assets to evidence of role They could be a value papers themselves, the statement signaled that individuals and institutions could participate, as managers of property seek Integrate the investment Awards in the funds that are traded on the stock market.
Fluid protocolsAs it is Lido, allow the user to lock his ethereum, in exchange for a token relating to the price of the property, and is still able to earn rewards. Crypto Asset Manager Galaxy Digital said on Tuesday that he would work to bring investments to institutional investors.
Ethereum has recently changed about $ 2,500, which is 5.4% reduced in the past day, said the data provider of the data Co ringecko. From Tuesday, the Ethereum amount is worth $ 90 billion, based on liquid prices.
In practice, the amount of Ethereum stood influenced the issuance of assets or on the rate that creates a new Ethereum. As more Ethereum is placed, the property issuing increases with a reduced rate, according to the business development company Ethereealize business.
“Even in an extreme hypothetical scenario – where the whole supply of circulating eth is […] is placed and zero eth is burned through network use – the maximum possible inflation rate is limited to 1.51%, “the company said in a recent Research Report.
Different BitcoinWhere computers are constantly falling apart with complex budgets to compete for fresh coins, Ethereum relies on validators who locked capital in exchange for the opportunity to participate in the transaction validity process, since it is so -called Connect 2022.
Although this is a relatively small amount, Sharplink gaming, a network gambler, said Last week, he arranged Ethereum in solutions to putting and fluid as part of his corporate treasury strategy, which is a total of about 167,000 Ethereum worth about $ 418 million.
Edited by James Rubin
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