What Does Ethereum’s Staking Record Signal for the Asset?
Investors have staked a record 35 million Ethereum, representing 28.3% of its circulating supply, following the SEC's clarification on staking not being classified as securities transactions. The number of validators has reached 1.1 million. This increase indicates growing confidence in Ethereum, with expectations of future price rises. Liquid staking solutions, like Lido, allow users to earn rewards while locking up their Ethereum. Galaxy Digital plans to introduce staking to institutional investors. Ethereum's current price is around $2,500, with staked assets valued at $90 billion. Staking affects Ethereum's issuance rate, which is capped at a maximum inflation rate of 1.51%. SharpLink Gaming has also engaged in staking, deploying approximately 167,000 Ethereum as part of its treasury strategy.