Ethereum Staking Reaches New Heights, Indicating Strong Long-term Confidence
10/8/2024 8:26:05 AM
According to IntoTheBlock, 28.9% of all Ethereum (ETH) is currently staked, which is a significant increase from 23.8% in January. Additionally, over 15.3% of the staked ETH has been committed for more than three years, signaling strong long-term confidence in Ethereum's future. This trend suggests that investors are increasingly optimistic about Ethereum's potential and are willing to lock their assets for extended periods, which could influence market dynamics and Ethereum's price stability. (Source)
Ethereum ETH IntoTheBlock Staking