Ethereum Staking Protocol Swell Raises $3.75M as Locked ETH Tops $26B

Currently, it costs 32 ETH (about $82,000) to become a validator, though Swell and others are looking to lower that barrier to entry. Swell’s minimum commitment is 1 ETH. Significantly, the protocol will provide stakers with liquidity by granting them an interest-bearing token representing their stake.