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Ethereum Price Forecast: EF to stake 70,000 ETH as price eyes $1,740 support
The Ethereum Foundation (EF) has launched its solo staking initiative after deploying 2,016 ETH across a new set of validators. The Foundation noted that it will stake about 70,000 ETH, with all staking rewards going to its treasury to support operations and research. "We are excited to take this important step, which helps secure the Ethereum network and at the same time fund the EF's core operations & activities, including protocol R&D, ecosystem development, community grant funding and more," the EF wrote in a blog post on Monday. The initiative aligns with the EF's treasury policy, released last year, which ... (full story)
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