Staking passes 34%
The staking ratio has been climbing steadily throughout 2026. It crossed the 30% mark earlier this year and has now pushed past 34%. The latest data shows 34.4% of the total ETH supply is staked. That's a record for the network. The pace of new deposits has accelerated in recent weeks, pushing the ratio higher. The increase from 30% to 34.4% in just a few months represents a significant acceleration in staking activity.
Supply squeeze in play
With more ETH locked up, the liquid supply shrinks. That could put upward pressure on price if demand remains strong. The reduced availability is a key factor for traders and investors to watch. The shift from 30% to 34.4% represents a meaningful tightening of supply. Less ETH on exchanges means less selling pressure, all else equal. The potential for a supply squeeze is a topic of discussion among market participants.
Security and governance gains
A higher staking ratio means more validators are securing the network. That enhances Ethereum's security and makes it more resistant to attacks. It also improves governance, as a larger portion of the supply is committed to the network's long-term health. The increased participation strengthens the network's decentralization and
