Ethereum [ETH]: PoS network’s performance since FTX collapse reveals…

Ethereum [ETH]: PoS network's performance since FTX collapse reveals...

As per the on-chain analytics platform, the total number of validators on the PoS network totalled 478,658. Since 6 November, 16,490 active validators have joined the network, with the validator count now up by 4%. These new validators deposited 32 ETH to the ETH 2.0 smart contract as a prerequisite to be a validator on the chain.

Since the Merge on 15 September, the count of total ETH staked ahead of the Shanghai upgrade has gone up by 13%.To keep the PoS chain running, a portion of the total ETH staked is actively participating in the consensus on the chain. This is referred to as Effective Balance.

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