The ratio of Ether (ETH) staking to total supply has exceeded the 32% threshold for the first time since Ethereum adopted the proof-of-stake (PoS) consensus mechanism, according to Token Terminal data. This milestone means that one-third of the ETH in circulation will be blocked and subject to chain validation.
Approximately 38.9 million ETH, equivalent to USD 89.47 billion, is currently locked in the network, accounting for its share of the staking ratio, and Ether in circulation exceeds 120 million tokens.
In this context, Leon Weidman, a researcher on the Ethereum ecosystem, said that according to his analysis, if you add in the 6.6 million to 7.4 million ETH held in corporate treasuries, Approximately 38% of the total ETH supply will effectively flow out of the liquidity market..
According to his interpretation, this volume causes a structural block in supply, as those who have historically staked ETH do not unlock it during price declines, and corporate bonds are not sold due to short-term volatility. According to Weidman, this will reduce the portion of ETH that can actually be bought and sold on the market. make a contract persistentlyno matter what the price will be.
Furthermore, Mr. Wideman Staking ratio increased by nearly 5 percentage points in the past 12 months.
At the end of this article, Approximately 2.7 million more ETH are waiting to be stakedwhile around 179,000 coins are in the exit queue, this sizable difference reinforces the current interest in participating in Ethereum. Staking also includes a design that prevents those who wish to move in and out of ETH from immediately performing these actions, in order to reduce the impact that moving in and out of ETH has on Ethereum validation.
More staking increases the security of the network, as the more ETH is locked, the higher the cost for a malicious attacker to accumulate the necessary verification power to attack it.
At the market level, there is a historical maximum level of staking, and if the demand for ETH remains or increases, the available supply will decrease. could push up prices. However, this dynamic works in the opposite direction if stakers decide to unlock their positions at scale and return their ETH to the market. ETH is currently trading at USD 2,300, a far cry from its all-time high of USD 4,900, set in August 2025.
Eventually, as CriptoNoticias reported in January 2026, staking reached an all-time high of nearly 36 million ETH, representing 30% of the supply. Within four months, that percentage increased by 2%. Approximately 3 million ETH is also locked.
(Tag translation) Blockchain
