Ethereum Validators Stay Put Ahead of Pectra Upgrade — What This Means for ETH Price

Ethereum is set to undergo its highly anticipated Pectra upgrade tomorrow, and on-chain data suggests that validators are preparing to weather any market volatility. Despite ETH’s lackluster price performance over the past week, the drop in validator exit points to a sense of confidence among network participants. Ethereum Validators Hold Firm Ahead of Pectra According to Glassnode, Ethereum’s validator voluntary exit count has declined noticeably since May 1, signaling a drop in the number of validators choosing to leave the network. On May 5, only 238 validators exited the network — the lowest daily count of validator exits from Ethereum since April 5 source: https://beincrypto.com/ethereum-validators-pectra-upgrade-price/