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Ethereum’s Onchain Conviction Strengthens Even as Price Struggles, MoonPay Acquires Decent and Launches MoonPay Trade - Tekedia

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Key summary

2 min read
  1. Ethereum staking has climbed above 39 million ETH, signaling strong long-term conviction.

  2. Exchange balances have fallen to multi-year lows, tightening Ethereum’s liquid supply.

  3. Corporations and long-term holders are accumulating ETH even as the token trades weakly near $2,130.

  4. The rise in staked ETH supports network security and reflects a preference for yield over short-term price moves.

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