PANews reported on May 9 that according to Leon Waidmann, head of research at Onchain, the Strategic Ethereum Reserve has hit a record high of 655,341 ETH, worth about $1.47 billion. Recently, GnosisDAO and Exodus have also joined the reserve plan. Waidmann said that as ETH gradually becomes the main treasury asset of the Ethereum ecosystem, the size of the reserve is expected to grow rapidly.