EgyHash
ETH staking participation continues its upward trend, despite price uncertainty
The rate of ETH 2.0 staking continues its growth, with more than 1.5M unique depositors. ETH staking rate has now reached %28.3 of the total ETH supply, with around 34M ETH staked. (+$90B). The ETH staking rate saw a slight decline with rumors about a giant trading firm liquidating it's position, but it has rebounded since. The continuing ascending trend of ETH staking participation indicates the confidence of the participants in the asset and its long-term expectations, while enjoying the yield, despite the uncertainty around the price of the asset, which lost more than %33 of its value since May 2024.