The latest figures show a growing share of Ethereum is committed to staking (locking crypto to earn rewards), with another 3.3 million ETH queued to join.
Ethereum staking (locking crypto to earn rewards) has climbed to a record 39.2 million ETH, representing 32.19% of the network’s total supply. The data also shows that another 3.3 million ETH are waiting to enter staking, indicating continued demand to participate in Ethereum’s proof-of-stake system (blockchain validation through locked tokens). A rising share of staked ETH can reduce the amount of freely circulating tokens available in the market while strengthening validator participation in the network’s security model.