What does it mean that Ethereum staking has reached a new high, with nearly 30% of the supply locked?

Ethereum staking reaches a new all-time high, with 35.9 million ETH locked in the PoS network, accounting for approximately 29.61% of the total supply. This figure not only reflects an increase in network security but also indicates market recognition of Ethereum’s role as a foundational infrastructure. Coupled with recent institutional optimism and explosive ecological applications, this new high may signal that Ethereum is entering a new development phase.

Details of the staking high

According to the latest news, the staking status on the Ethereum PoS network is as follows:

From these data, two obvious features can be observed: first, the withdrawal queue is extremely short (only 160 ETH, 4 minutes), indicating that stakers have no large-scale intention to exit; second, the amount waiting to be staked is huge (over 2.47 million ETH), with an activation delay of 43 days, showing that a large amount of funds are waiting to enter staking.

Market significance behind the new staking high

Network security has been significantly enhanced

29.61% of the supply being locked means that the security of Ethereum’s PoS network is continuously strengthening. More ETH participating in staking implies more economic interests are bound to network security, increasing the cost of attack. This is a positive signal for investors who are long-term bullish on Ethereum.

True reflection of ecological participation

The record high in staking is not just a numbers game but reflects the actual commitment of market participants to the Ethereum ecosystem. From the 2.47 million ETH waiting to be staked and the 43-day activation delay, market demand far exceeds current supply, indicating that the attractiveness of staking is continuously increasing.

Positive feedback with ecological applications

According to related information, Ethereum’s dominance in stablecoins, tokenized real-world assets (RWA), and decentralized finance (DeFi) is consolidating. Standard Chartered’s research points out that Ethereum’s transaction volume has hit a record high, with stablecoin activity accounting for 35% to 40% of transactions. More ecological activity means more MEV profits and staking rewards, which in turn attracts more funds into staking.

Institutional and market confidence

Standard Chartered bullish on ETH performance

Standard Chartered recently adjusted its price forecast for ETH, expecting it to reach $7,500 by the end of 2026 and $40,000 by the end of 2030. The bank believes that Ethereum’s dominance in stablecoins, RWA, and DeFi, along with increased network throughput, will support ETH’s performance surpassing BTC.

Continuous institutional accumulation

According to the latest news, BitMine increased its holdings by 24,266 ETH last week, bringing total holdings to 4.168 million ETH. This shows that institutional investors are actively increasing their Ethereum positions.

Improving social sentiment

According to Santiment data, Ethereum’s social media sentiment “reminds one of” the scene before its last major rally. Such improvements in sentiment often precede price movements.

Possibility of continued staking growth

Based on current data, the probability of Ethereum’s staking amount continuing to reach new highs is high. Main reasons include:

• The 2.47 million ETH waiting to be staked creates a large growth potential
• The rapid development of stablecoin and RWA markets, with increasing ecological benefits
• Ongoing institutional investment driving overall staking participation
• Improved market sentiment and rising retail participation

However, it is worth noting that the 43-day activation delay is a phenomenon to watch. This may indicate that the growth rate of validators is approaching the network’s processing capacity, and future network upgrades might be needed to accommodate more staking demand.

Summary

Ethereum’s staking amount reaching 29.61% not only demonstrates enhanced network security but also reflects market recognition of Ethereum as a key infrastructure. The 2.47 million ETH waiting to be staked and ongoing institutional accumulation suggest further growth potential. Against the backdrop of rapid development in ecological applications like stablecoins and RWA, a positive cycle has formed between staking and ecosystem growth. This new high may just be the beginning, not the end.