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Ethereum Cointelegraph

US debt ceiling, declining trust in banks send ETH staking to record highs

The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, confidence in the U.S. dollar, bank collapses and the high APR offered on ETH staking.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US debt ceiling, declining trust in banks send ETH staking to record highs

The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, confidence in the U.S. dollar, bank collapses and the high APR offered on ETH staking.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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