Ethereum’s staking ecosystem has reached a major milestone, with nearly 29% of all Ether (ETH) now staked. On October 8, onchain data provider IntoTheBlock reported that 28.9% of the total ETH supply has been staked, a significant rise from the 23.8% recorded in January 2024. This 5.1% increase over the past 10 months highlights growing confidence among Ethereum tokenholders in the long-term value and potential rewards of staking ETH.
Long-Term Commitment to Ethereum
IntoTheBlock further noted that 15.3% of all staked ETH has remained locked for over three years. This signals strong confide