Best Owie on Twitter<\/i><\/b><\/a> for market insights, updates, and the occasional funny tweet\u2026<\/i><\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Ethereum has been recording win after win over the last month. If it\u2019s not a win in its price, then it is another step forward in its move to being a proof of stake network. These major milestones have reverberated throughout its community, spurring bullish sentiment amongst even the most skeptical of investors. Now, another milestone moving into view for the network promises even better things to come. Staking Nears 13.3 Million ETH The amount of ETH staked on the network continues to rise drastically. The first validator node was set over a year ago, and since then, thousands of validators have joined the effort. Along the way, there have been various milestones hit, with Ethereum moving towards another one. Related Reading: Will Ethereum Breach $2,000 Before The Merge? Not long ago, the total number of ETH staked ahead of the Merge had grown to more than 10% of its total supply. Now, with the recent ramp-up and anticipation of the Merge, more ETH is being staked. This has brought the total number of ETH staked to reach almost 13.3 million. What this means is that Ethereum is very close to seeing 11% of its total supply being out of circulation. At current prices, this is more than $25 billion staked in the contract so far. ETH trading above $1,900 | Source: ETHUSD on TradingView.com Now, this is not the highest that the dollar value of the staked ETH has been by any stretch, but given that the price of ETH is down more than 50% from its all-time high, it helps to put into perspective just how much is being staked already. Ethereum Bullish Sentiment Grows Bullish sentiment in Ethereum is now at one of the highest levels it has ever been. As the Merge draws closer, anticipation is nearing peak levels. This has caused investors to accumulate tokens ahead of what will be one of the most important upgrades in the history of the crypto space. Related Reading: Market Sentiment Shoots Up As Bitcoin Eyes $25,000 It is also worthy of note that the digital asset has been up double-digits in the last week alone. This recovery has seen it beat multiple resistance points to break above $1,900. The result of this is more accumulation that continues to send the price sky high. Presently, the only significant resistance for the digital asset sits at $2,000, a price point bulls are aiming for. A break above this will set the digital asset on a rally towards $2,500, with the most important resistance dwelling at $2,250. Featured image from Coinmarketcap, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026<\/p>\n","protected":false},"author":541,"featured_media":498541,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[85004,1946,85736,86584,6931,85694,8686,78803],"class_list":["post-498540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth-staked","tag-ethereum","tag-ethereum-merge","tag-ethereum-milestone","tag-ethereum-price","tag-ethereum-staking","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\n
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Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Price Forecast Remains Bullish As Network Nears Another Milestone","url":"http:\/\/wncen.com\/news\/ethereum\/ethereum-price-forecast-remains-bullish-as-network-nears-another-milestone\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum\/ethereum-price-forecast-remains-bullish-as-network-nears-another-milestone\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/Ethereum-2.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/Ethereum-2.jpeg?fit=1000%2C668"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["eth staked","ethereum","ethereum merge","ethereum milestone","ethereum price","ethereum staking","ethusd","ethusdt"],"dateCreated":"2022-08-12T17:00:02Z","datePublished":"2022-08-12T17:00:02Z","dateModified":"2024-06-11T14:22:28Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Price Forecast Remains Bullish As Network Nears Another Milestone\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-price-forecast-remains-bullish-as-network-nears-another-milestone\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-price-forecast-remains-bullish-as-network-nears-another-milestone\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/Ethereum-2.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/Ethereum-2.jpeg?fit=1000%2C668\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"eth staked\",\"ethereum\",\"ethereum merge\",\"ethereum milestone\",\"ethereum price\",\"ethereum staking\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2022-08-12T17:00:02Z\",\"datePublished\":\"2022-08-12T17:00:02Z\",\"dateModified\":\"2024-06-11T14:22:28Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/Ethereum-2.jpeg?fit=1000%2C668","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/498540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=498540"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/498540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/498541"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=498540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=498540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=498540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}