At today’s exchange rates, the number of ether trapped in the Ethereum 2.0 contract has surpassed 9 million ethereum, or more than USD 28 billion. Since the first week of September 2021, when the contract had 7.4 million ether, the quantity of ethereum locked into the contract has climbed 22.29 percent.
On January 17, 2022, etherscan.io data shows that the ETH 2.0 contract has around 9,057,890 ethereum valued over USD 28 billion (at the time of writing). On January 16, 2022, the contract exceeded 9 million ether, according to data.
Year to date, the price of ethereum has increased by over 150 percent, but ether has lost 18.5 percent in the last 30 days, and two-week statistics show that ether has lost 17.5 percent in value versus the US dollar. While Ethereum had a market cap dominance of 18-20 percent in 2021, it now has a market cap dominance of roughly 17.9 percent.
When Bitcoin.com News reported that the contract had exceeded 7.4 million, ether was worth a little more, with a market cap of USD 29.3 billion at the moment. In addition to the 9 million ether locked under the ETH 2.0 contract, 1,541,113 ethereum worth USD 5.8 billion has been burned since the introduction of EIP-1559.
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