On Monday, Ethereum reached a milestone with just under $45 billion or 20% of its circulation being staked. This involves people pledging tokens to the network to keep it secure and receiving rewards for doing so. Currently, close to 24 million Ethereum is locked up across 744,000 validators that process transactions. Ethereum's transition from proof-of-work to proof-of-stake has been successful and is friendlier on the environment, according to prominent venture capitalist and crypto analyst Adam Cochran.
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