TechFlow reports that on April 5, the Ethereum Foundation increased its staked ETH holdings, reaching approximately two-thirds of its target of 70,000 ETH—about 46,667 ETH.
This move aims to strengthen blockchain infrastructure and support network security. The Ethereum Foundation plans to stake the remaining ~23,333 ETH; rewards from staking are typically used to fund research, grants, and protocol upgrades. The total staked ETH supply across the Ethereum network has already reached tens of millions of ETH.
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