- Ethereum‘s staking ratio has reached a new all-time high, surpassing 30% of its total supply.
- Nearly 1 million validators now secure the network, with over 36.8 million ETH staked.
- Despite these bullish network metrics, ETH’s price faces significant downward pressure.
Ethereum’s staking has climbed to a new all-time high, according to Token Terminal data, with 36.8 million coins locked. Consequently, this represents a staking ratio of over 30% amid nearly 1 million validators securing the network. However, this network strength contrasts sharply with ETH’s price performance, which is down nearly 37% over the previous month.
Meanwhile, the asset’s price decline follows a period of macroeconomic worries and a broader market liquidity crunch. Consequently, CoinGecko data shows ETH is down 5.8% in the last week and 32.9% over 14 days. Therefore, the market has seen a substantial exodus of investors taking a risk-averse approach.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- Hoskinson: Midnight Mainnet March, Not for ‘Privacy Maxis’
- Intel Rebounds 2.5% on AI Bet, Earnings Beat
- Coinbase Launches AI-Agent Wallet With Secured Keys
- Coinbase Launches AI Agent Wallets
- BlackRock Sees Asian Crypto ETF Boom Unleashing Trillions
