The number of validators on Ethereum continued to rise.experienced significant volatility due to various events in the crypto sector. But despite market fluctuations, Ethereum’s progress remained on track, and the protocol was actively pursuing further developments in the future.In the recent developers call, developers brought up possibly reducing the validator churn limit, which determines how fast validators can join or leave the Beacon Chain.
Ethereum aims to avoid a large validator set size to prevent strain on the peer-to-peer networking layer. A large validator set also makes it challenging to implement future code changes. The proposed solution by developers is to cap the churn limit at 12 validator entries and exits per epoch. This limit would effectively slow down the growth rate of the validator set, providing more time to explore other ideas for managing validator set growth in the long term.At press time, there were 672,507 validators on the Ethereum network. According to Staking Rewards’ data, over the last month, this number has grown by 9.26%.
In their previous market analyses, Greeks.live pointed out that the crypto market is losing liquidity, making it vulnerable to sudden spikes and V-shaped movements. Even small momentum can lead to widespread price changes.According to their analysis, in the current market, sellers should prioritize static protection and have a risk control plan for holding options until expiration.
On the other hand, buyers should take profits promptly and consider using futures to hedge their options dynamically, which can be a more favorable approach.
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Source: CryptoAmb - 🏆 22. / 68 Read more »