The amount of staked $ETH has reached a record level, now approaching 30% of the total circulating supply, according to #data from Lido Finance. This signals strong long-term confidence in Ethereum: more holders are choosing to lock up $ETH for yield instead of keeping it #liquid or selling. As staking grows, #liquid supply on the market shrinks, which can reduce sell pressure, but also increases the network’s dependence on staking infrastructure. #crypto
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ETH staking hits a new all-time high
The amount of staked $ETH has reached a record level, now approaching 30% of the total circulating supply, according to #data from Lido Finance. This signals strong long-term confidence in Ethereum: more holders are choosing to lock up $ETH for yield instead of keeping it #liquid or selling. As staking grows, #liquid supply on the market shrinks, which can reduce sell pressure, but also increases the network’s dependence on staking infrastructure. #crypto