Ethereum's staking has reached a record high of 34.65 million ETH, accounting for almost 30% of the total circulating supply. This significant event reflects increased participation from staking service providers.
Record Ethereum Staking
Currently, 34.65 million ETH are staked, showcasing the growing interest in the network and its updated Proof-of-Stake protocol. This growth is linked to service providers such as ether.fi and Everstake becoming more active.
Regulatory Impact on Centralized Platforms
Bitstamp's suspension of U.S. staking has notable implications for the market. CEO Bobby Zagotta stated, "The decision to stop offering staking to U.S. customers was made in light of the current regulatory dynamics in the United States." Consequently, market participants are beginning to pay more attention to decentralized options.
Current Market Situation
Currently, the price of Ethereum stands at $2,676.51 with a market capitalization of $323.11 billion. In the last 24 hours, ETH trading volume surged by 102.67%, indicating significant investor interest.
With the rise in Ethereum staking and the market shifts due to regulatory pressures, there is a trend toward increased decentralized solutions within the Ethereum ecosystem.