sETH2 (sETH2) currently has a price of €2.8K and is up 2.16% over the last 24 hours. The cryptocurrency is ranked 514 with a market cap of €68.7M. Over the last 24 hours, it saw €11.5K of trading volume. The token has a circulating supply of 24.7K tokens out of a total supply of 24.7K tokens.
sETH2 is a cryptocurrency token that functions on the Ethereum blockchain as a synthetic version of Ethereum 2.0 (ETH2). It allows users to access the benefits of ETH2 without holding the actual ETH2 tokens. Created through a process of "minting," users can lock up their ETH to receive sETH2. This token is pegged to the value of ETH2 and offers a more liquid and accessible way for investors to participate in the Ethereum 2.0 ecosystem, providing staking rewards and potential yield. It can be traded on various decentralized exchanges and platforms.
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