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Ethereum Foundation's staked amount reaches 46k ETH
Golden Finance reports that on April 5, the Ethereum Foundation increased its staked ETH holdings. It has now reached about two-thirds of its predetermined 70k ETH staking target—approximately 46,667 ETH. This move is intended to strengthen the blockchain’s foundational infrastructure and support network security. The Ethereum Foundation plans to continue staking the remaining approximately 23,333 ETH. The rewards earned are typically used to fund research, grants, and protocol upgrades. At present, the total staked supply across the entire Ethereum network has reached tens of millions of tokens.