DeFi wallet Metamask becomes a top Ethereum staker following this move
The reported staking activity has not stirred a bullish move in the price of Ethereum, which is, down by 1.45% over the past 24 hours and by more than 13.69% in the trailing seven-day period.
While the Metamask staking move may not cause a shift in the price of the asset, it can help drive confidence among prospective stakers to do the same. Should the staked ETH volume grow, the circulating supply of the digital currency will plummet, and should demand remain elevated, we may see the price of the asset grow to a new high in the near term.
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