Ethereum's staking volume continues to rise, with over 36 million ETH now locked in the proof-of-stake system. This represents nearly 30% of the total circulating supply of Ethereum.
At the current ETH price of around $3,300, the total value of staked assets has surpassed $118.8 billion. This trend highlights growing confidence in Ethereum's long-term value and network security.
The surge in staking activity follows Ethereum's transition to a proof-of-stake consensus mechanism. Investors are increasingly viewing staking as a reliable way to earn returns while contributing to network stability.
Industry experts suggest that as more ETH is staked, it could reduce circulating supply, potentially impacting market dynamics and encouraging broader institutional adoption of the Ethereum ecosystem.