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Meilin (美林 / 美琳)
"Strengthening Investor Confidence in Ethereum"
A divergence is appearing between Ethereum's price movement and staking activity. Despite the recent decline in ETH price, the staking rate continues to rise, which could be a factor supporting Ethereum's supply dynamics.
The Ethereum 2.0 staking rate has increased by about 4.32% since May, meaning a larger portion of the total ETH supply is locked in staking. This reduces the amount of ETH available for trading, potentially creating a positive
