The number of Ethereum validators rises to 500,000 amid the Sh | BitcoinWide

The number of Ethereum validators rises to 500,000 amid the Shanghai fever (according to data from BeaconScan)

That fact highlights the growing hype and confidence in the network as it gears up for the Shanghai upgrade, which will allow withdrawals of staked ether for the first time.

The decentralization of validators is difficult to analyze, but reports indicate there are about 11,400 physical nodes across 80 countries.

It's potentially a bullish sign for Ethereum's price!