Ethereum Staking Hits $132.5 Billion with 29.5% of Supply Locked Despite Recent Dip
Main Idea
Ethereum staking has reached $132.5 billion with 29.5% of its circulating supply locked, indicating strong confidence in its proof-of-stake consensus mechanism.
Key Points
1. Over 35.67 million ETH are actively staked, valued at $132.5 billion as of July 23.
2. Staked ETH accounts for 29.5% of Ethereum's circulating supply.
3. The high staking level reflects sustained confidence in Ethereum's proof-of-stake consensus mechanism.
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