29% of Total ETH Supply Staked as Ethereum Validators Reach 1.1 Million

As of July 13, Dune data shows that 35.9 million ETH is staked, reflecting a significant increase in trust towards Ethereum's network security and functionality.

ETH

Summary

As of July 13, 29% of the total ETH supply, equivalent to 35,894,642 ETH, has been staked, with the number of Ethereum validators hitting 1,121,810, demonstrating rising confidence in the Ethereum network.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions and smart contracts.
  • Ethereum validators: Nodes that participate in the Ethereum network's consensus process, validating transactions and securing the blockchain.
  • staked ETH: Ether that is locked up in the Ethereum network to support operations like transaction validation, earning rewards in return.