$BTC The Ethereum Foundation has staked ETH worth $42.2 million, indicating that institutional investors are confident in the long-term prospects of the Ethereum network. This move aligns with founder Vitalik Buterin's recent statements about adjusting the development direction of ETH. Despite recent price fluctuations, staking activity remains active, with nearly 3 million ETH queued for staking. The total staked supply exceeds 38 million ETH, accounting for over 31% of the total supply.

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