It appears Ethereum 2.0 isn’t exactly imminent after all

With just one week to go before the Ethereum 2.0 staking deadline, which will determine whether or not the network transitions to its next generation form, only 18.6% of the necessary value has been pledged.

For the launch of Ethereum 2.0 to take effect, 16,384 validators will need to stake a minimum of 32 ether (the cryptocurrency underpinning the network), which is worth circa $14,800 at current market rates.