The proportion of staked ETH rises to 31%, diverging from price trends as on-chain confidence continues to strengthen
BlockBeats news, on May 19, despite ETH price falling by about 26% this year, the Ethereum staking ratio has risen from 29% at the beginning of the year to around 31%, showing that long-term holders are ignoring price weakness and on-chain risks while continuously reducing circulating supply.
Historical data shows that under the backdrop of circulating supply tightening, once demand experiences a genuine recovery, it will provide favorable support for prices. Meanwhile, liquid staking protocols such as Lido have significantly lowered the participation threshold, expanding the staking group from professional validators to a broader range of retail and institutional users.
Analysis indicates that as spot ETF products mature and the scale of RWA tokenization activities on Ethereum expands, institutional demand for staking ETH may bring structural capital inflows to the staking ecosystem. Although ETH price performance has been weak, Ethereum's core position in RWA settlement, DeFi infrastructure, and Layer 2 activities continues to consolidate. Whether prices can reverse may depend on the speed at which institutional capital shifts from narrative to actual allocation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US Treasury repurchases $6 billion in ultra-long-term bonds: three times the amount planned for early August, with the 30-year yield still reaching its highest level since 2007.
The United States will repurchase up to $6 billion worth of long-term government bonds.
Warning of AI credit risk, Moody's: The off-balance sheet commitments of the five major US giants have increased eightfold in three years, soaring to $2.8 trillion.
According to a report by Moody’s Ratings, the five companies Amazon, Microsoft, Google, Meta, and Oracle collectively bear about $2.8 trillion in off-balance-sheet obligations related to AI. Among these, lease commitments exceed $1 trillion, purchase commitments total $1.57 trillion, and guarantees amount to $137 billion. This figure represents explosive growth compared to $350 billion in 2023. Moody’s analysts noted that the pace of growth for these commitments is even more noteworthy.
Nasdaq activates Pyth as its new distribution channel for core market data.
Crypto prices
More
