Ethereum Foundation doubles staked ETH

The Ethereum Foundation has significantly increased its staked Ether holdings, now holding over 70,000 ETH. This move represents a substantial commitment to the Ethereum network's proof-of-stake consensus mechanism. The foundation's increased stake could signal growing confidence in Ethereum's long-term viability and its transition to a more energy-efficient model. This development is noteworthy for investors and participants in the broader cryptocurrency ecosystem, highlighting active engagement from a key organizational player.