• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Saturday, September 6, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Staking on Ethereum Hits New Milestone, 25% of ETH Supply Now Locked

Jordan Avery by Jordan Avery
February 9, 2024
in News
Reading Time: 2 mins read
0
#image_title

#image_title

Share on TwitterShare on Facebook

Staking platform Lido shared data that 25% of the entire Ethereum token supply is locked in staking The staking narrative on the Ethereum blockchain continues to gain momentum, even despite the relatively weak performance of the ETH price. As a result, the number of ETH currently staked represents a quarter of the project’s total circulating supply of tokens.

 

Another Major Milestone for Ethereum

While the numbers vary slightly depending on the analytics platform, most confirm that staking on the Ethereum network has indeed reached this milestone.

Staking platform Lido cited a screenshot from Dune Analytics claiming that 25% of the total ETH supply is currently locked in staking. This is equivalent to more than thirty million ETH. Meanwhile, Lido is now the market leader with a share of 31.5%. The total amount of coins locked in staking is estimated at approximately $73 billion at current prices. Also, according to published statistics, there are 940,563 validators in the Ethereum network.

Staking- Ethereum
Image: Dune

Analytics company Nansen published similar data. They showed that 30 million ETH were staked, representing 25% of the total ETH supply (120 million). In addition, the company reports that the queue for unlocking funds has decreased. This indicates that there are no large volumes of ETH waiting to be withdrawn from the protocol. It was reported that there are 176,686 ETH in the withdrawal queue, which is less than 0.6% of the total supply.

The platform also reports that since the Merge in September 2022, the Ethereum supply has decreased by 344,960 tokens. At current prices, this would deflate supply by nearly $840 million. The current intraday inflation rate on the Ethereum network is -0.57% per year.

 

ETH Price is Rising

At the time of writing, ETH is up 2.2% in the last 24 hours and 6.5% in the last seven days to trade around $2,460, according to CoinMarketCap. The token is quickly approaching immediate resistance levels and is still below its 2024 high reached on January 12 at $2,700. At current levels, Ethereum has dropped by exactly 50% from its historical high, noted in November 2021. However, this gap may soon narrow thanks to the concept of Ethereum re-staking, which allows users to stake the same ETH across multiple protocols, increasing the security of the network.

Tags: APYcryptocurrencyDeFiETHEthereumEthereum MergeEthereum networkinflation ratestakingstaking platformsToken supply
Previous Post

Price Analysis: Bitcoin (BTC) Price Crosses $47,000

Next Post

Dymension (DYM) Price Jumps 30%

Related Posts

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing
News

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?
News

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Ethereum whales dump $1.8B – but could retail flip the script?
News

Ethereum whales dump $1.8B – but could retail flip the script?

August 31, 2025
Bitcoin slips to $108K as Google searches explode – Smart money preparing an exit?
News

Bitcoin slips to $108K as Google searches explode – Smart money preparing an exit?

August 30, 2025
Ethereum $5K Squeeze? Whales and Traders Smell Opportunity
News

Ethereum $5K Squeeze? Whales and Traders Smell Opportunity

August 30, 2025
Bitcoin Price Prediction For The Holiday—Breakout or Breakdown Coming
Featured

Investors Drop Lawsuit Against Strategy Over Bitcoin Risks

August 29, 2025

Press Releases

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing
News

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

by Jordan Avery
September 2, 2025

Bitcoin recently slid 12.8% from its all-time high, but before the bears start celebrating, context matters. Pullbacks in the range...

Read more
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Why Ethereum ATH Could Crush Bears Before Q3 Ends

Why Ethereum ATH Could Crush Bears Before Q3 Ends

August 12, 2025
Ethereum’s 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

Ethereum 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

July 20, 2025
Jupiter Token Crash: Why JUP Lost 80% and What Happens Next

Jupiter Token Crash: Why JUP Lost 80% and What Happens Next

June 24, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier