I remember since the pandemic I have seen Ethereum foundation selling its stakes to fund their activities. And it turned out to be a lot of bad signal in the market. And now that is about to change. Ethereum foundation made a staking target and they want to build on the same target there.
Today Ethereum foundation has like 143 million worth of Ethereum staked. And that would give them like 4-5 million returns a year. This goes to show the confidence in the Ethereum would return and also the pricing would be improving as well.
There are still 100k unstaked which goes to show they may probably save it for future stakes or probably sell them. Some ways that would mean the foundation would make the right calls on the staking. Because the way ethereum has been getting stronger with low fees it would mean the token survives.
For those who had doubts on yield income would find ethereum great again. And things would start taking shape from here onwards. Which is what we are anticipating as well.
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