Ethereum Sees Record Staking as Institutional Wave Grows

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The amount of Ether locked up and staked on the Beacon Chain has reached record levels, with more waiting to be staked. 

ETH supply is getting intentionally harder to access,” commented macroeconomics outlet Milk Road on Monday.

“Staking just hit an all-time high, with millions of ETH now queued to be locked,” they said before adding, “that is being taken off exchanges and removed from active circulation.”

“This is a long-term positive signal for price appreciation.”

The comments came in response to a Token Terminal post reporting that the Ethereum staking ratio surpassed 30%, marking an all-time high.


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