Ethereum staking hits all-time high with almost 30% of ETH supply locked
Over 36 million ETH, nearly 30% of the circulating supply, is now staked, reaching a new all-time high driven by institutional interest.Summary
The amount of Ether locked in Ethereum's proof-of-stake system has reached a new record high, with over 36 million ETH staked, representing almost 30% of the circulating supply and valued at over $118 billion. This growth is occurring despite selective broader crypto market liquidity. The network has about 900,000 active validators, with minimal activity in the exit queue, suggesting low selling pressure. Staked ether secures the network, and as more supply becomes illiquid, it can tighten available float during demand spikes. Liquid staking provider Lido Finance accounts for roughly 24% of all staked ETH. Recent staking expansion is increasingly fueled by institutional players, such as BitMine Immersion, which has significantly increased its staked position. Furthermore, the trend of institutional engagement is solidifying, evidenced by Grayscale beginning to distribute staking rewards to its Ethereum ETF investors and Morgan Stanley filing for a spot Ethereum ETF that includes a staking component.
(Source：The Block)