Ethereum Staking Reaches New High As Market Activity Heats Up Around Key Price Levels

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The percentage of Ethereum ($ETH) staked has surged to 28.9%, up from 23.8% in January, demonstrating growing long-term confidence in the network’s future. Notably, 15.3% of the staked ETH has remained locked for over three years, signaling strong commitment from long-term holders. 🔍 Ethereum Update: 🔐28.9% of all $ETH is now staked, up from 23.8% in January💎Over 15.3% of staked ETH has been staked for more than 3 years A strong signal of long-term confidence in Ethereum’s future. pic.twitter.com/HjUj2v9N1P — IntoTheBlock (@intotheblock) October 8, 2024 Ethereum’s most significant support level currently sits at $2,300, where 2.77 million addresses collectively acquired

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