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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Eth2 becomes third-largest staking network as Ether rallies into new ATHs

With Ether continuing to push into new all-time highs above $1,500, Eth2 now ranks as the third-largest crypto asset in terms of staked assets.

The price gains enjoyed by Ether as it hits record highs have propelled Eth2 to rank as the third-largest network by staked capitalization. That’s despite the fact that just 2.09% of Ethereum’s supply is locked up in Eth2 at present.

Ether pushed into new record price highs above $1,480 on Feb. 2, with ETH currently testing $1,550 after gaining 12% in 24 hours.

ETH/USD since December 2021, 4-hr chart: TradingView

With nearly 2.5 million ETH currently locked up, Eth2's staked capitalization equals $3.6 billion.

The price gains propelled Eth2 past Avalanche’s $3.4 billion in staked assets, with Avalanche’s staked capitalization representing 69.5% of the Avalanche’s supply.

Polkadot is currently the largest crypto asset on the measure, with 60% of its supply locked representing $10.8 billion, followed by Cardano with 71% of its supply staked to total nearly $9.5 billion.

Deposits to Eth2 have continued to grow steadily since its beacon chain genesis in early December. During January, nearly one million additional Ether was locked up for staking, while the total number of Eth2 validators increased by 55% from 49,200 to 76,200.

Since the start of the year, Ether has gained 70% over Bitcoin in the ETH/BTC markets, with ETH currently within 5% of testing its local high at 0.045 BTC from Jan 25 — which was Ether’s highest level relative to BTC since August 2018.

ETH/BTC since January 2017, 1-day chart: TradingView
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