The volume of coins blocked for staking on the Ethereum 2.0 testnet called Medalla has exceeded 1.1 million ETH as evidenced by the data of the Beaconcha service.

The number of network validators has reached 37,742, and another 11,558 are pending. The average deposit volume is 32.2 ETH.

The final testnet Ethereum 2.0 was launched by the developers on August 4th. During the first day, nearly 20,349 validators have connected, blocking more than 650,000 ETH. Medalla uses test coins with no intrinsic value.

On August 14th, a network failure occurred, splitting the test blockchain into four chains. The branches could not adequately communicate with each other due to a four hour time difference. On August 17th, the developers made to fix the bug.

Later, the editor of the Prysmatic Labs blog, Raoul Jordan, said that the issue would not affect the timing of the launch of phase zero of the second version of the protocol on the mainnet. This is expected to happen before the end of the year.