Staked Ether exceeds 30% of ETH total supply
The post Staked Ether exceeds 30% of ETH total supply appeared on BitcoinEthereumNews.com. Ethereum (ETH) is facing a mix of relatively low prices and increased usage. The network is carrying a near-record level of transactions, while over 30% of the supply is locked. Ethereum (ETH) keeps building up a supply crunch, based on whale holdings and increased staking. Currently, around 30% of the supply is staked, with highly active inflows in the past few months. More than 35M ETH is staked on the Beacon chain, an all-time high. The trend for staking may continue, as ETFs are also allowed to include staking for passive income. ETH staking picked up again in Q2, leading to a record value locked of over 35M ETH, or around 30% of the available supply. | Source: Beacon Chain After some outflows from the staking contract during the market panic in March and April, Ethereum staking returned to peak levels, not seen since September 2024. ETH staking became one of the most reliable markers for long-term confidence in the network’s value. Following the Pectra upgrade, staking also accelerated as large-scale whales could deposit more ETH at a time to build their stake. As a result, the total value staked on Ethereum is at an all-time high. The Ethereum network carries over $61B locked in DeFi protocols, including lending, liquid staking, and DEX liquidity pools. ETH remains valuable as collateral, and whales are in no hurry to sell. More ETH is wrapped in multiple protocols and is taken off the open market. Whales have also shown increased activity, adding on average 800K ETH per day for the previous week, while only 16K new ETH are produced each week. Whales are showing unprecedented levels of accumulation, boosting the narrative of a long-awaited price breakout. ETH exchange reserves remain scarce, at around 19M tokens. ETFs are also actively buying, with BlackRock recently…
The post Staked Ether exceeds 30% of ETH total supply appeared on BitcoinEthereumNews.com.
Ethereum (ETH) is facing a mix of relatively low prices and increased usage. The network is carrying a near-record level of transactions, while over 30% of the supply is locked. Ethereum (ETH) keeps building up a supply crunch, based on whale holdings and increased staking. Currently, around 30% of the supply is staked, with highly active inflows in the past few months. More than 35M ETH is staked on the Beacon chain, an all-time high. The trend for staking may continue, as ETFs are also allowed to include staking for passive income. ETH staking picked up again in Q2, leading to a record value locked of over 35M ETH, or around 30% of the available supply. | Source: Beacon Chain After some outflows from the staking contract during the market panic in March and April, Ethereum staking returned to peak levels, not seen since September 2024. ETH staking became one of the most reliable markers for long-term confidence in the network’s value. Following the Pectra upgrade, staking also accelerated as large-scale whales could deposit more ETH at a time to build their stake. As a result, the total value staked on Ethereum is at an all-time high. The Ethereum network carries over $61B locked in DeFi protocols, including lending, liquid staking, and DEX liquidity pools. ETH remains valuable as collateral, and whales are in no hurry to sell. More ETH is wrapped in multiple protocols and is taken off the open market. Whales have also shown increased activity, adding on average 800K ETH per day for the previous week, while only 16K new ETH are produced each week. Whales are showing unprecedented levels of accumulation, boosting the narrative of a long-awaited price breakout. ETH exchange reserves remain scarce, at around 19M tokens. ETFs are also actively buying, with BlackRock recently…
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