Ethereum staking has reached a new record, with 29.44% of the total ETH supply now locked in validator nodes. This reflects the growing trust in the Ethereum ecosystem.
New Staking Record for Ethereum
Ethereum staking has set a new historical maximum of 29.44% of the total ETH supply. This means almost one-third of all ETH is currently locked in validator nodes, helping to secure the Ethereum network. Staking gained popularity among Ethereum holders since the network transitioned to PoS in 2022.
Confidence from Institutional Investors
Institutional investors and large market players, known as 'smart money', are showing signals of confidence in Ethereum by opting not to sell their assets. This growing trend in staking suggests that these serious market participants are not looking to exit anytime soon.
Future Prospects for Ethereum
A higher staking percentage offers several significant advantages to Ethereum, including improved network security and reduced ETH liquidity on exchanges. With increasing demand for ETH through DeFi, NFTs, and other real-world applications, this supply squeeze may lead to upward price pressure.
The actions of smart money serve as a strong indicator that the Ethereum ecosystem continues to mature, and confidence in its long-term success remains high.
