Ethereum staking has hit a new all-time high, with approximately 36 million Ether (ETH) staked into the protocol. This figure represents nearly 30% of the network’s total supply, a level unprecedented since the transition to Proof of Stake (PoS).
The following graph shows the sustained growth trend over the last year. The staked source is Less than 20 million ETH by mid-2024, current 35,942,614there is an intermediate variation.
The stakes have reached an all-time high, indicating that more companies are willing to tie up capital in these conditions. Among these stakeholders, more and more institutions and organizations are considering ETH as a currency to add to their corporate treasury.
At the same time, the amount of liquid ether available on the market is decreasing, a factor that analysts are focusing on. At the close of trading on this note, the price of ETH was around $3,300, and the annual yield for network staking was approximately 2.83%.
Validators wait for participation in Ethereum staking to increase ETH
This record comes after staking entry queues have skyrocketed in recent weeks, as reported by CriptoNoticias.
at the moment, Approximately 2.5 million ETH remains pending Participate as a validator. In Ethereum, entry into staking does not happen immediately. There is a queue that adjusts the entry rate to avoid sudden changes in system security and operation.
From a network perspective, increasing the amount of staked ETH increases the cost of attacks and increases the economic security of Ethereum.
(Tag Translation) Blockchain
