<ul data-eligibleForWebStory="true"><li>Ethereum has shown resilience in the face of volatility, trading near $2,400 with fragile momentum.</li><li>Ethereum staking has hit a record high of 29.02%, signaling increasing long-term investor confidence.</li><li>The higher staking levels can reduce active supply, alleviate sell pressure, and potentially fuel bullish price movements.</li><li>ETH is facing resistance around $2,625-2,660, with a break above potentially triggering a broader rally towards $2,800-$3,000.</li></ul>

Ethereum Staking Hits Record High: 29.02% Of Supply Locked Signals Long-Term Conviction

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