Ethereum Staking Surges: Unveiling the Shapella Mystery

By Lola Coin Jun 27, 202387Views

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Despite the recent regulatory crackdown on the crypto industry, Ethereum staking has actually accelerated, reaching a new high. According to CryptoQuant, nearly 20% of the Ethereum supply is now staked, with a 5% increase in the past two months. However, different analytics platforms report varying figures for the amount of ETH staked, ranging from just below 24 million ETH to 20.3 million ETH. Nansen reports that deposits have outpaced withdrawals, with a net increase of 43,064 ETH staked in the past 24 hours. The liquid staking platform Lido remains dominant, with 7.4 million ETH staked, and its market share ranges from 31.5% to 36.4%. Despite the bullish statistics for Ethereum, its price has not been as strong as Bitcoin’s, with ETH trading at $1,865 and failing to reach the $2,000 level.

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