Ethereum’s staking has achieved a significant milestone, with approximately 25% of the entire ETH supply, equivalent to around 30 million coins, now being staked.
Meanwhile, the ETH price has seen a 2.8% increase over the past day and is trading at $2,425.
Ethereum Staking Soars
On February 8, Lido, a prominent liquid staking platform, highlighted that over 30 million ETH, which accounts for a quarter of Ethereum’s circulating supply, had been staked. According to Dune Analytics, Lido has a 31.5% market share in staked Ethereum.
25% of the ETH supply is now staked pic.twitter.com/YcZrE1ZOhV
— Lido (@LidoFinance) February 7, 2024
The total value of staked ETH amounts to approximately $73 billion, with close to a million validators contributing to the network’s security. Over the past fortnight, there has been a noticeable increase in deposits for staking, indicating heightened activity and interest in Ethereum staking.
Nansen, another blockchain analytics firm, confirms the 30
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