Ethereum 20 Weekly Deposits Have Slumped Down To Lowest Ever

Weekly deposits of the Ethereum 2.0 staking contract have been going down recently due to the plunging price of ETH, and are now at the lowest value ever. The “ETH 2.0 staking contract” is a smart contract where users can lock in their Ethereum to become a validator on the proof of stake network and earn rewards for it. However, a minimum of 32 ETH must be deposited to the contract in order to stake on the network.