Staking Contract of Ethereum 2.0 Reaches 12.4 Million ETH

The second-most valuable cryptocurrency in the world, Ethereum officially started its network upgrade in December 2020 with Beacon Chain’s launch. The crypto community showed immense support to the network upgrade with the staking of more than 1 million Ethereum under ETH 2.0’s deposit contract within the first week of the launch of Beacon Chain.