- Ethereum’s staking market cap surged to $65.45 billion.
- ETH’s liquid supply has been going downhill over the last two years.
Ethereum [ETH] staking showed no signs of saturation as the total supply locked in ETH’s deposit contract surged to a fresh all-time high (ATH).
ETH staking on a roll
According to AMBCrypto’s analysis of CryptoQuant data, about 29.39 million ETH coins were staked on the blockchain as of this writing, equating to nearly a quarter of the total circulating supply.
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Author: Aniket Verma