Ethereum Staking Ratio Hits 31%, Up from 29% Despite 26% YTD Drop on May 19

ETH-0.38%
According to Wu Blockchain, Ethereum's staking ratio climbed from 29% to 31% on May 19, despite ETH losing 26% year-to-date. The increase in staking participation reflects long-term holder confidence and reduces Ethereum's circulating supply significantly. Investors continued locking ETH into staking contracts during the market downturn instead of selling.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments