The Ethereum Foundation has staked 47,050 ETH, which is approximately worth $96.6 million. Latest allocation pushes the foundation past two-thirds of its 70,000 ETH target. ETH is trading near $2,050, while prediction markets assign low odds to a move above $2,600 this month. The Foundation is moving faster on treasury reform as it expands staking and reduces reliance on token sales. The latest deposits bring its staked ETH to 47,050, worth about $96.6 million, and push the foundation past two-thirds of its 70,000 ETH target. That move fits a broader shift in how the foundation manages its reserves. It is now using treasury assets more actively through staking and DeFi deployment while framing 2026 as a pivotal period for Ethereum’s long-term development. Ethereum Foundation speeds up treasury shift The nonprofit organization wrote on Wednesday. “The Ethe… Read The Full Article Ethereum Foundation Approaches 70,000 ETH Stake in Treasury Pivot On Coin Edition .