Staked Ethereum Reaches New Record High
Staked Ethereum has reached a new all-time high as the asset’s price climbed to a 12-day peak, fueled by strong institutional accumulation.
Data from Beaconcha.in shows that the amount of Ether staked on the Beacon Chain hit 34.65 million ETH on Sunday, surpassing the previous record from November 10, 2024. While staking levels have remained above 33 million for the past year, they’ve started rising again in June.
This trend suggests that many holders prefer earning yield through staking rather than selling at current prices.
Dune Analytics reported 34.8 million ETH staked as of Monday, while Ultrasound.Money’s figures were slightly lower at 34.7 million. This represents approximately 28.7% of Ethereum’s total circulating supply of 120.8 million, with issuance turning inflationary again since February.
The record comes as anticipation builds for the approval of spot Ether ETFs with staking components. Analysts believe such products could launch in the coming weeks, especially after ETF provider REX Shares filed using regulatory loopholes. Meanwhile, BlackRock’s iShares Ethereum Trust has marked 23 straight trading days without outflows, steadily increasing its ETH holdings.
Despite Ethereum’s moderate price gains over the last two years—around 50%—the volume of staked ETH has surged by 77% in the same period.
On Tuesday, ETH climbed over 8% to break $2,700, its highest level since May 29. This price zone has acted as resistance multiple times over the past month and will need to be surpassed for further upward momentum.
Sources:
https://cointelegraph.com/news/staked-ethereum-hits-record-eth-tops-2700
https://farside.co.uk/ethereum-etf-flow-all-data/
https://beaconcha.in/charts/staked_ether