Amid sharp price fluctuations and rising geopolitical tensions, Ethereum staking hit an all-time high of 35 million ETH, showcasing continued support for the network.
Staking Growth Defies Price Declines
According to data, as of June 21, 2025, the amount of staked ETH reached 35 million, marking a historical high and continuing a positive trend that began in July 2024. Even with significant price volatility, staking activity remained stable.
Market Cap Contracts Amid Global Risk Events
From June 16 to June 22, 2025, Ethereum's total market capitalization dropped by over $50 billion, falling from nearly $320 billion to just above $270 billion. This drop broke the crucial $300 billion threshold, leading to the loss of previously accumulated gains.
Whale Activity Surges as Retail Withdraws
High volumes of Ethereum transactions are seen across both decentralized protocols and centralized exchanges. Large wallets executed several operations, including liquidating over 3,100 ETH for more than $7.5 million. Meanwhile, retail investors began to exit positions amid potential risks.
Despite the significant drop in market capitalization, the rise in Ethereum staking emphasizes the resilience of validators and ongoing trust in the network even amid global uncertainties.
