Total asset staking in Beacon Chain has reached a record over 10 million ETH ($ 25.4 billion) to date.
Beacon Chain played a key role in integration with the mainnet before Ethereum 2.0 went fully live based on a date scheduled for July this year.
Indirectly, Ethereum 2.0 will start with a new consensus - Proof of Stake (PoS) which will replace Proof of Work (PoW).
While awaiting the launch of Ethereum 2.0, ETH owners have the opportunity to stake their holdings into Beacon Chain.
Through staking activities, stakers have actually protected the Ethereum ecosystem and activated validators software.
In fact they also stand a chance to get more ETH as a reward in the process.
Based on a report from Staking Rewards, the reward for Ethereum 2.0 stakers was 4.81%, slightly lower when compared to Terra, 6.07%and Solana, 5.72%.
At the time of writing, Ethereum is trading at $ 2,536.43, down nearly 5% in 24 hours.
After two days of holding above the $ 25,000 level on March 9 to 10, 2022, the asset failed to be bullish even though the President of the United States (US), Joe Biden has already given his support to digital and crypto assets through an executive order.
Ahead of the network transition, investors are also asked to be wary of scam schemes that ask you to convert ETH1 tokens to ETH2 because Ethereum has never done so.
