Ethereum Proof-of-Stake Deposit Contract Reaches 77.85 Million ETH

Santiment posted on X that the official Ethereum Proof-of-Stake deposit contract, previously known as the 'Beacon Chain' wallet, now holds 77.85 million ETH. This development marks a significant milestone for Ethereum as it continues to transition from a Proof-of-Work to a Proof-of-Stake consensus mechanism. The increase in ETH deposits reflects growing confidence in Ethereum's future and its evolving ecosystem.