ETH 2.0 vision meets another roadblock but validators continue their march

ambcrypto.com:

Ethereum, the largest altcoin has continued to take measures to complete the much anticipated ‘merge’ into ETH 2.0. Although, at first scheduled in June had been postponed. As the thing stands, there is no final deadline for the complete outcome. Nonetheless, it didn’t quite stop validators from staking their share, showcasing their support.

Well, for starters, despite the ups and downs, the in-transit merge has done huge favors to the largest altcoin network. As the Ethereum network accelerates the shift towards ETH 2.0, investors have geared up for the staking functionality by continuing to deposit Ether.

As of 26 May, the total ETH 2.0 deposit contracts had attained a new all-time high of 12,680,930  ETH, data provided by Glassnode indicates.

Source: Glassnode

The deposit contract is where Ethereum investors sent their ether if they want to stake in the network, and likewise, getrewards. The upgrades are in line with Ethereum’s ongoing transition towards changing the network to a proof-of-stake. The shift is expected to make Ethereum an energy-efficient eco system.

In addition to this, the number of addresses witnessed a similar scenario given the increase in holders’ capacity. For instance, ETH’s number of addresses holding 100+ Coins reached a 1-year high of 43,297. Even though the said mark didn’t quite match the previous ATH, at least investors remained hopeful.

Source: Glassnode

Here’s another positive sign. The number of Ethereum addresses with a non-zero balance hit a new all-time high—just like it did at this time last year. Now more than 81 million addressesholding some amount of the second-largest cryptocurrency by market cap, according to blockchain data site Glassnode.

Source: Glassnode

These developments coupled