ChainCatcher News, Bitmine Chairman Tom Lee stated that Ethereum may experience a new V-shaped rebound after a recent decline, and it may already be close to the bottom range. He pointed out that since 2018, Ethereum has gone through 8 decline cycles with drops of more than 50%, and all 8 have rebounded at similar speeds and achieved 100% recovery.
Despite the price being under pressure, on-chain data shows that ETH staking demand remains strong. Currently, the waiting time for validator entry has risen to a record high of 71 days. The queued staking amount is about 4 million ETH, with the total staked amount accounting for 30.3% of circulating supply (approximately 36.7 million ETH).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Foundation Uncovers 100 North Korean Operatives Infiltrating Web3 Companies
The Ethereum Foundation's ETH Rangers Program revealed a major security threat from North Korean operatives infiltrating Web3 companies. The investigation uncovered about 100 operatives, flagged 53 projects, and recovered over $5.8 million. The foundation urges improved hiring processes and global cooperation for enhanced security.
GateNews14m ago
22,000 BTC Options and 100,000 ETH Options Expire Today; BTC Max Pain at $72,000
On April 17, 22,000 BTC options are expiring with a 1.05 Put/Call ratio and a $72,000 maximum pain point, totaling $1.65 billion. Additionally, 100,000 ETH options are expiring with a 0.95 Put/Call ratio and a $2,250 maximum pain point, valued at $460 million.
GateNews33m ago
Ethereum Q1 2026 Base Layer Transactions Hit Record 200.4 Million, Surpassing 200M for First Time
Ethereum achieved a record high of 200.4 million transactions in Q1 2026, driven by Layer 2 activity and stablecoin growth, despite ETH prices being over 50% lower than their August 2025 peak.
GateNews48m ago
Ethereum Foundation: Ketman project identifies 100 North Korean agents within six months
According to an ETH Rangers project recap report published by the Ethereum Foundation on April 17, 2026 (Thursday), within its six-month funding period the Ketman project funded by the Ethereum Foundation identified 100 North Korean IT workers using false identities to infiltrate Web3 organizations, and contacted roughly 53 crypto projects to warn them they may have hired active North Korean agents.
MarketWhisper3h ago
NFT platform Foundation announces shutdown; Snowden’s auction site becomes a thing of the past
NFT platform Foundation co-founder Kayvon Tehranian announced on the X platform on April 15 that the platform will officially cease operations. Earlier this year, Foundation had signed a sale agreement with a buyer, but the buyer backed out before the transaction was completed. After Tehranian reassumed control, he assessed the market situation and announced, "There are no other buyers worth pursuing," officially initiating the wind-down process.
MarketWhisper3h ago
Ethereum Foundation core researcher Josh Stark resigns, without disclosing specific reasons
Ethereum Foundation core researcher and project manager Josh Stark (Josh Stark) announced on the X platform on April 17, 2026 (Thursday) that he will leave the Ethereum Foundation after five years in the role. According to Cointelegraph, Stark did not disclose the specific reasons for his departure. In his X post, he said that there are currently “no plans for the future,” and that he intends to temporarily spend time with his family and friends.
MarketWhisper5h ago
