Ethereum staking has reached a new all-time high, with more than 35 million ETH now locked in the network. This significant surge signals strong long-term conviction from investors and a noticeable decline in liquid supply, further reinforcing Ethereum’s maturing role in the crypto economy.
Over 28% of ETH Supply Is Now Staked
According to on-chain analytics data, 28.3% of the total Ether supply is currently staked under Ethereum’s proof-of-stake model. These staked assets are locked in smart contracts and cannot be sold immediately, indicating that a substantial portion of ETH holders are prioritizing passive income and long-term gains over short-term trading.
In June alone, over 500,000 ETH was added to staking pools, pointing to rising market confidence and a tightening of liquid supply.
Long-Term Holders Reach Record High
The number of accumulation addresses—wallets that have never sold ETH—has also climbed to a new record of 22.8 million ETH, reflecting an increasing share of investors committed to long-term holding strategies.
This behavior supports the narrative that Ethereum remains one of the most fundamentally strong crypto assets, bolstered by its dominance in decentralized applications, smart contracts, and now staking infrastructure.
Regulatory Clarity Fuels Momentum
The recent growth comes in the wake of positive regulatory signals in the U.S., where protocol-level staking activities were clarified not to require SEC registration. This update has contributed to renewed institutional interest in ETH staking and improved investor sentiment.
However, the market still awaits the approval of the first Ether staking ETFs, with decisions on several proposals, including from Bitwise, being delayed.
Lido, Binance, and Coinbase Lead Staking Market Share
Leading the staking ecosystem is Lido, accounting for 25% of the staked ETH, followed by Binance with 7.5%, and Coinbase with 7.4%. Coinbase has also emerged as the largest Ethereum node operator, validating over 11.4% of the total staked ETH.
While critics warn that this level of staking concentration poses centralization risks, especially through liquid staking protocols, proponents argue that institutional participation has accelerated due to platforms like Lido, which now sees significant institutional TVL.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.