ETH users stake 28.9% of supply, signals ‘long-term’ confidence

Onchain data provider IntoTheBlock shared that 28.9% of all Ether had now been staked.

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Almost a third of all Ether has been staked as tokenholders show long-term interest in the crypto asset and the rewards they can gain. 

On Oct. 8, onchain data provider IntoTheBlock shared that 28.9% of all Ether (ETH) had now been staked. The data platform highlighted that in January, the percentage of ETH stake was at 23.8%, which means that an additional 5.1% of all ETH was staked in the last 10 months. 

Source: IntoTheBlock

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