Ethereum staking has reached all-time highs with over 32.8 million ETH, valued at over $100 billion, being locked and removed from active circulation.
The milestone highlights a shift towards long-term holding and institutional accumulation, reinforcing ETH's position as a core Layer 1 asset amidst market focus on meme coins and short-term volatility.
The significant portion of ETH now illiquid due to staking could potentially create upward price pressure in the long term, especially if demand increases in the next market phase.
Staking participation reflects Ethereum's increasing network security, investor confidence, and potential for a renewed breakout as the ecosystem evolves with staking yields, institutional adoption, and layer-2 scaling.