Major institutional players continue doubling down on Ethereum. Recent moves show fresh capital allocation, with another $478.8 million entering staking positions. That brings the cumulative stake to $4.17 billion—a significant show of confidence in the network's value proposition. This kind of institutional conviction matters. Whether it signals conviction in the 2.0 roadmap or long-term L1 dominance, these numbers speak volumes about where serious money sees opportunity. Staking remains a key indicator of belief in Ethereum's future, especially at this scale. Keep an eye on these positioning shifts.