Ethereum Staking Rate Surpasses 33% Despite Price Weakness

TL;DR

Ethereum’s staking rate has climbed above 33% for the first time, setting a new all-time high.
Around 33.06% of the total ETH supply is now locked in staking, reducing the liquid supply in circulation.
A newly created wallet withdrew 9,876 ETH worth $15.4 million from Binance and staked the entire amount.
Ethereum price continues to hold above the $1,550 support level, while $1,700 remains a key resistance to watch.

Ethereum staking participation has reached a new milestone, with the network’s staking rate climbing above 33% for the first time since the Merge upgrade. According to CryptoQuant data, approximately 33.06% of the total ETH supply is now locked in staking, marking a new all-time high even as the Ethereum price remains near $1,500.

The latest figures highlight a growing divergence between investor behavior and market performance. While Ethereum’s price has moved through several periods of volatility, staking participation has continued to rise steadily, suggesting that many long-term holders are choosing to lock up their ETH rather than sell during the current market downturn.

Adding to the trend, blockchain analytics platform Lookonchain reported that a newly created wallet withdrew 9,876 ETH, valued at approximately $15.4 million, from Binance before staking the entire amount.

Ethereum Staking Reaches Record High as Investors Lock Up More ETH

CryptoQuant’s data shows Ethereum’s staking rate has maintained a consistent upward trajectory since the network transitioned to Proof-of-Stake. The latest increase to 33.06% means that roughly one-third of the total ETH supply is now committed to staking, reducing the amount of Ether available in circulation.

The continued growth in staking participation suggests that investors remain committed to Ethereum’s long-term outlook despite ongoing market uncertainty. Instead of moving assets to exchanges for potential selling, more holders are choosing to secure the network while earning staking rewards.

Although a rising staking rate does not guarantee an immediate increase in Ethereum price, it does reduce the liquid supply of ETH. If market demand strengthens in the future, a smaller circulating supply could support stronger price movements.

Ethereum Price Holds Key Support but Faces Resistance Ahead

While staking continues to set new records, Ethereum price remains under pressure. At the time of the accompanying data, ETH was trading near $1,571, while the CryptoQuant chart showed the asset around the $1,500 level as staking reached its highest level on record.

Technical charts by analysts indicate that Ethereum has so far managed to hold above the $1,550 support area, even as Bitcoin fell to a new yearly low. According to the analyst’s view provided with the chart, Ethereum has displayed relative strength compared with Bitcoin during the recent market decline.

However, the analysis also notes that ETH is not yet out of danger. The chart identifies $1,700 as a key resistance level, indicating that Ethereum would need to reclaim that area before the risk of another move lower begins to ease.

For now, the data points to a market where long-term participation continues to strengthen despite short-term price weakness. With staking at a record high and more ETH being removed from the liquid supply, investor conviction appears to remain intact even as Ethereum price continues to trade below key resistance levels.