Abraxas Capital Doubles Down on Ethereum, Staking $7.5 Million

A significant investment by Abraxas Capital highlights the growing confidence in the Ethereum ecosystem. The firm recently staked an additional $7.5 million worth of ETH, signaling a commitment to long-term growth and network support. This move underscores the growing interest from institutional investors in both Ethereum’s price potential and its role as a foundational layer for decentralized finance.