Ethereum breaks records for weekly staking deposits

The Shapella update opened the game in the network staking, and there were more weekly deposits than ever, although the balance is still negative.

In the week of Monday, April 17 through Sunday, April 23, Ethereum broke its record number of ethers (ETH) entering its staking. The network’s validators deposited 571,950 ETH, in that time period.

- Advertisement -

That figure is detailed in a Dune Analytics chart provided by the firm 21Shares. The amount equals USD 1.043 billion and is the highest in terms of weekly deposits since December 2020, when the Beacon Chain was created and validators could make their deposits.

However, this was not enough to reverse the trend in terms of the net amount of ETH deposited into Ethereum’s staking. Since Shapella was activated on April 12, there are 572,540 fewer ETH, according to token.unlocks.

Another chart shared by 21Shares shows how enabling withdrawals generated increased interest from institutional investors to invest in Ethereum.

Ethereum breaks records for weekly staking deposits

These investments were mainly concentrated through five staking services, such as Staked.us, Bitcoin Suisse, Figment, stakefish and Kiln.

Ethereum continues to operate normally after Shapella.

Beyond these statistics, Ethereum’s Proof of Stake (Proof of Stake or PoS) continues to operate under almost the same conditions as before Shapella.

As reported in this medium, it was a concern that many validators would definitely leave when withdrawals were enabled.

- Advertisement -

At least as of this writing, what is happening is that the flexibility to withdraw funds conveyed confidence.

That is reflected in the total amount of ETH in staking, which is between 17.9 million ETH and 19.2 million ETH, depending on which source you consult. Approximately 15% of the ETH in existence is deposited in Ethereum staking.

Similarly, the number of validators did not change much. Again, different sources vary as to the exact figure, but it is safe to say that they are between 560,000 and 579,000 validators, similar numbers to what were already there before the upgrade.

- Advertisement -

READ NEXT

Previous Articles:

- Advertisement -

Latest News

Shopify, Coinbase Launch USDC Payments; Mastercard Expands Crypto Access

Shopify and Coinbase allow merchants to accept USDC stablecoin payments, making crypto transactions easier...

Coinbase Launches Wrapped ADA and LTC on Base, COIN Hits New High

Coinbase has introduced wrapped versions of Cardano (ADA) and Litecoin (LTC) on its Ethereum...

ClickFix Attacks Surge 517% in 2025, Fake CAPTCHAs Spread Malware

ClickFix attacks using fake CAPTCHA verifications have risen by 517% in early 2025, according...

FHFA Orders Fannie, Freddie to Consider Crypto as Mortgage Collateral

The U.S. Federal Housing Finance Agency ordered Fannie Mae and Freddie Mac to consider...

Retail Investors Can Now Buy Tokenized Shares of SpaceX via Blockchain

Retail investors can now buy blockchain-based fractional shares in SpaceX through Republic. These digital tokens...

Must Read

Forex Trading Vs Crypto Trading: Which One Should You Choose?

So you're trying to decide between two types of trading: Forex and cryptocurrency.Forex trading is the big player in the trading world, with lots...