Ether Staked: new record and impact on the liquid supply
The quantity of Ether staked has reached an unprecedented level, surpassing 35 million ETH.
This data represents over 28% of the total supply of Ether, highlighting a significant change in the strategy of investors who prefer to hold the asset rather than sell it.
The new all-time high of staked Ether
According to the data provided by Dune Analytics, more than 35 million ETH are currently “staked” in the proof-of-stake model of the Ethereum blockchain.
This means that over 28.3% of all Ether coins are locked in smart contracts, not available for sale for a defined period, providing passive income in return to investors participating in staking.
This stable increase demonstrates that a significant portion of users prefers to lock up their Ether to earn rewards over time.
The choice to lock liquidity results in a compression of the supply available on the market, which can have direct implications on the price of the financial asset itself.
In the first half of June, over 500,000 ETH were added to staking, confirming a growing optimism.
The pseudonymous analyst Onchainschool, author on the CryptoQuant site, commented that this trend is indicative of a growing confidence and a continuous reduction of the liquid supply.
In parallel, the number of accumulation addresses of Ether — that is, wallets without sales history — has reached a new high of 22.8 million ETH held.
This suggests that Ethereum enjoys a solid base of convinced and long-term-oriented investors, strengthening the position of ETH among the main financial assets in the crypto sector.
This growth in staking also comes at a time when clearer and potentially positive regulatory conditions are forming, especially in the United States.
At the end of May, the American SEC published guidelines that distinguish protocol staking activities from traditional financial instruments subject to registration.
In particular, the Division of Corporation Finance of the SEC has stated that some staking operations executed on blockchain proof-of-stake do not need to be registered as securities offerings.
This statement represents a significant breakthrough, as it reduces the regulatory uncertainty to which staking was subject until that moment.
Institutional demand and investment flows in Ether
However, despite the more favorable climate, the sector remains in anticipation of the approval of the first ETFs dedicated to Ether staking. The SEC has indeed postponed the decision on Bitwise’s proposal to include staking in its Ether ETF.
The approval of these funds would be a further step forward towards the maturation of the traditional crypto market and could further increase institutional demand.
The most recent data also shows a significant influx of capital into funds focused on Ether. During a particularly intense week, Ether funds recorded a positive net flow of 296 million dollars.
This figure compares only with the historical peak recorded after Trump’s elections in 2016, highlighting a robust and growing institutional demand.
This trend confirms that, in addition to individual investors, larger and more organized players are also accumulating Ether, incentivized by the yield prospects of staking and the greater regulatory clarity.
The growth of the staked Ether supply indicates not only a change in holding strategy but also a potential impact on the available supply and price dynamics.
Less liquid ETH means less availability for quick sale, a factor that could accentuate upward movements in the event of increasing demand.
Furthermore, participating in staking allows investors to earn passive income, representing an additional incentive to consolidate their positions in the long term.
This dynamic develops a virtuous circle that strengthens the trust and stability of the Ethereum network itself.
Ether staking as a strategic asset
In summary, staking Ether emerges as an increasingly popular strategic choice supported by clearer regulatory conditions. Ethereum thus confirms its prominent role in the crypto landscape, combining solid technical and regulatory foundations.
Investors and industry operators will need to closely monitor the evolution of SEC policies and the potential launch of the first ETFs dedicated to staking. This could revolutionize access to investments in this asset class.
In the meantime, those holding Ether have strong motivations to participate in staking and benefit from the passive income opportunities offered.
Consequently, staking not only reduces the liquid supply but also helps to consolidate Ethereum as one of the most robust and attractive financial assets in the crypto world.
The road towards greater regulation and institutionalization of the sector appears increasingly clear and full of potential.