US debt ceiling, declining trust in banks send ETH staking to record highs Post author:MiamiCrypto Post published:June 2, 2023 Post category:Cryptocurrencies / Proof-of-Stake / Shanghai / staking 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. You Might Also Like Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund May 25, 2022 Alchemy Pay gains 77% after exchange listings and cross-chain integrations February 9, 2022 Ethereum price hits $3.2K as anticipation builds ahead of the ‘Merge’ March 25, 2022