$ETH Ethereum Staking Hits New High—Is ETH Ready for a Major Move?

Ethereum [ETH] is making headlines again, but this time, it is not related to price movements or protocol upgrades.

Currently, nearly 30% of ETH's circulating supply has been staked, reaching an all-time high, indicating increased investor confidence and rising institutional participation.

As expectations for potential spot Ethereum ETF staking continue to grow, it indicates that the ecosystem is maturing, and long-term commitments will yield increasing returns.

The amount of staked ETH has reached an all-time high.

The amount of Ethereum staked has soared to unprecedented levels; as of June 8, the ETH locked on the beacon chain is 34.65 million, setting a new record, surpassing the previous peak reached in November 2024.