In 2024, Ethereum has reached a key milestone by surpassing 1 million validators, underlining the growing institutional interest in its network. Tech and financial firms are betting on Ethereum due to its ability to support decentralized applications and smart contracts. This growing interest is attributed to the shift towards the Proof of Stake (PoS) model, which replaced the previous Proof of Work (PoW). PoS is not only more energy-efficient, but it also contributes to the decentralization and security of the network, making it more attractive to large corporations.