In addition, staking activities were only one of many positive things with ETH 2.0. According to Glassnode, theAt press time, the participation was 99.262%. This implied that there was satisfactory network validator responsiveness. So, the validators hardly missed slots of Ethereum staked.
This also led to the sustenance of the increment as per theIn conclusion, these metrics showed that the Ethereum network was performing excellently. However, this performance might not translate to a price hike. Nevertheless, it was likely that ETH might sustain its deflationary condition unless a significant network impact occurred.Subscribe to get it daily in your inbox.