Approximately a quarter of ETH’s circulating supply is now locked into the network after a major boost with the launch of Shapella Upgrade last year.
This development points to a more decentralized and secure Ethereum network, further painting a bullish long-term outlook for ETH holders.
Since the launch of Shapella Upgrade last year, Ethereum staking has witnessed a remarkable uptick. This has culminated in Ethereum’s staking participation rate crossing 25%. This means that around a quarter of ETH’s circulating supply is locked into the network.
This is a remarkable achievement, unmatched by any other crypto project. It further confirms the network as the most decentralized and secure network with investors showing their confidence based on their billions worth of tokens staked. Noteworthy, by staking their ETH, these investors are able to make passive income. For some investors, this has turned out to be a more stable way to turn a profit by earning more ETH which can be sold f

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