Ethereum Staking Queues Clear, Impacting ETH Trading Dynamics: Report
According to reports, Ethereum's staking queues have cleared, which is influencing ETH trading dynamics. Staking yields are reportedly near 3%. The clearing of these queues suggests a shift in the "supply shock" narrative surrounding Ethereum. Despite these changes, Ethereum remains the largest DeFi base layer, according to the report. The development around staking queues and yields could have implications for investors and traders in the Ethereum ecosystem, as well as the broader DeFi market.
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