The launch of the ETH 2.0 is set to the 1st December 2020 after the minimum requirement met . The 524,288 ETH as a minimum has already staked to the ETH 2.0 deposit contract. It is currently 725,280 ETH counting , over to the minimum threshold and expected to be more ETH to the contract.
Thru the ETH 2.0 ,the rewards are tied to the overall amount of ETH staked in the network, means as much as ETH staked, the lower return (APR) to validators.
The single deposit of 32 ETH to the deposit contract is now a kind of One-Way-Trip of the ETH, the deposit will be there for approximately 2 years until the at least phase 1.5.
What this tells us ?
The current total supply of the ETH is approximately 113.57M. ,means some of ETH will be freezed for a while ,so it reduces in ETH market circulation. Other than freeze in deposits, the Proof of Work will be replaced with the Proof of Stake, this means the rewards from mining will no longer available, the new ETH will not be generated via this method. Even under the Proof of Stake, the more ETH staked the validators get lower in returns. These factors directly effects to the quantity of new ETH generating to the market.
There comes the Demand & Supply mechanism to the market effects to ETH price. During the freeze of Staked-ETH, it causes the Supply drops and whenever the Demand of the market increases, the ETH price should get higher.
