Beacon ETH (BETH) represents Ethereum that is staked on the Beacon Chain, a key element of the Ethereum 2.0 upgrade aimed at transitioning the network from proof of work (PoW) to proof of stake (PoS). The current price is AUD $5,105.86, and BETH has dropped 5.18% in the last 24 hours, underperforming the broader crypto market (-2.18%). Over the past month, it has fallen by 27.25%, primarily driven by technical weaknesses, bearish sentiment, and renewed focus on historical minting discrepancies related to the Binance issuance process. For traders and investors using Gate.com, understanding how BETH reflects the staking value of Ethereum is crucial for strategic entry points, yield generation, and long-term positioning in the evolving Ethereum ecosystem.
11/5/2025, 7:17:19 AM