Ethereum Staking Skyrockets to $65 Billion – A New All-Time High

Ethereum Staking Skyrockets to $65 Billion – A New All-Time High

Ethereum staking has soared to its ATH by the number of assets locked.
Despite dwindling prices, the staking embrace has continued to grow.
In a positive turn of events, Ethereum (ETH) staking has reached a historic milestone, with the total supply locked in the deposit contract soaring to an All-Time High (ATH) of $65 billion. 
According to data from blockchain analytics platform CryptoQuant, this surge in staking activity has defied expectations of saturation, with approximately 29.39 million ETH coins staked on the blockchain, representing nearly a quarter of the total circulating supply. The trend has garnered attention, and it accounts for approximately 35% of the total market capitalization of all Proof-of-Stake (PoS) assets.
Increased Interest in Ethereum Staking
The surge in Ethereum staking can be attributed to several factors, with heightened interest stemming from the Shapella Upgrade introduced in April. This upgrade addressed concerns related to withdrawal ambiguity, pro

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