đ Ethereum Staking Breaks Records: Over 34.8 Million ETH Locked! đ
Ethereum staking just hit a new milestone, with over 34.8 million ETH now locked in Beacon Chain contracts as of June 11. This figure represents about 28.15% of Ethereumâs total supply of 120.7 million ETH. The steady growth in staked ETH reflects increasing confidence from both retail and institutional investors, who are choosing to lock their assets and secure passive income while contributing to network security.
The momentum behind Ethereum staking is also fueled by broader market dynamics. Institutional players like BlackRockâs iShares Ethereum Trust have shown growing interest, while ETHâs price recently broke through key resistance levels around $2,700 to $2,800, following an 8% rally on June 10. At the same time, exchange balances are steadily shrinking as more ETH flows into staking contracts and liquid restaking platforms like ether.fi gain popularity.
With nearly one in four ETH now staked, Ethereumâs circulating supply is tightening, creating potential upward pressure on price. The combination of strong institutional demand, decreasing liquid supply, and a more decentralized network paints a bullish outlook for the months ahead. For ETH holders and stakers alike, the message is becoming clearer: Ethereumâs next chapter may just be getting started.