Blockchain information analytics carried out by Nansen highlights the ever-growing quantity of Ether (ETH) being staked throughout varied staking options within the months following Ethereum’s shift to proof-of-stake (PoS) consensus.
The extremely anticipated Merge has been a boon for decentralized finance (DeFi) normally, and staking options have been in excessive demand since Ethereum’s shift to PoS. That is in keeping with blockchain information from a wide range of staking options throughout the ecosystem.
![Ethereum [ETH] resists the downside despite Sun’s >$15M transfer](https://sonsoftoshi.com/wp-content/uploads/2023/01/po-2023-01-26T120458.144-1000x600-350x250.png)
