9th Jun 2020
Data from Arcane Research and Nansen AI shows that Ethereum wallets with at least 32 ETH, the amount required for ETH 2.0 staking, have grown by 13% this year. The number of Ethereum wallets containing 32 or more ETH has hit an all-time high. This is the amount needed to stake a validator node under the proposed ETH 2.0 upgrade. The upgrade, which may come later this year, will revamp Ethereum’s design and make the consensus switch to proof of stake, shedding the proof-of-work algorithm that Bitcoin uses.
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