STETH Coin Weekly Analysis And Price Prediction

This article will analyze the stETH coin according to www.coinmarketcap.com data. First, we will discuss the stETH coin and its projects and make technical and graphic analyses. The analysis we will do in the weekly period will help the investors to take risks and manage their portfolios.

What is STETH Coin?

stETH is a token representing staked Ether on the Ethereum 2.0 network. It is a form of wrapped Ether that allows users to earn staking rewards while retaining liquidity. stETH is created when users stake their Ether (ETH) in the Ethereum 2.0 deposit contract, and in return, they receive stETH tokens that represent their staked ETH.

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