The variety of ethers utilized in Ethereum 2.0 continues to develop, reaching 6.9 million ethers, equal to $ 22.8 billion at a price of $ 3,295 at press time.

The supply: launchpad.ethereum

The elevated locked worth may very well be attributable to Ether’s latest bull run. Just three weeks in the past, Ether was set at $ 6.6 million price $ 14 billion.

Currently, the platform has added practically 9,000 validators up to now three weeks, bringing the overall variety of validators to 209,447.

As the variety of tokens deployed continues to develop, the overall quantity of Ether burned because the profitable London Hard Fork rose to 46,018 at press time, which equates to $ 144.96 million.

Ethereum ETF is getting nearer

While Ethereum continues to see development in reputation and use instances, Delaware-based cryptoin filed an Ethereum Exchange Traded Fund (ETF) with the United States (SEC) Securities and Exchange Commission on Aug. 12. This is the third utility for an Ethereum ETF this 12 months. However, the SEC continues to delay the approval of ETFs.

In a letter to shareholders about its efficiency within the second quarter of 2021, Coinbase introduced that the trading quantity of Ether exceeded that of Bitcoin for the primary time.

After practically a month of rally, Ether hit a three-month excessive of $ 3,337.

Ether price chart | Source: Tradingview

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