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Ethereum staking supply crosses 25%, but it’s not the end yet

Press Releases Crypto News AMB-Crypto Ethereum staking supply crosses 25%, but it’s not the end yet

ETH’s staked supply has more than doubled since the Shapella upgrade.
The number of validators looking to enter the network jumped to a 4-month-high.

Ethereum [ETH] staking got a big boost with the launch of Shapella Upgrade last year, and since then, there’s been no looking back.

According to on-chain research firm IntotheBlock, Ethereum’s staking participation rate crossed 25% recently, meaning that around a quarter of ETH’s circulating supply was locked into the network.

This was a welcome development, as the higher the participation, the more decentralized and secured the network becomes.

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Author: Aniket Verma

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