Eth2 becomes third-largest staking network as Ether rallies into new ATHs

The price gains enjoyed by Ether as it hits record highs have propelled Eth2 to rank as the third-largest network by staked capitalization. That’s despite the fact that just 2.09% of Ethereum’s supply is locked up in Eth2 at present.

Ether pushed into new record price highs above $1,480 on Feb. 2, with ETH currently testing $1,550 after gaining 12% in 24 hours.

since December 2021, 4-hr chart: TradingView
since January 2017, 1-day chart: TradingView