Analysis: ETH users stake 28.9% of the supply, seen as a signal of "long-term confidence"

DailyNews
ETH-3,46%

Odaily Planet Daily News, on-chain data provider IntoTheBlock revealed that currently 28.9% of all ETH has been staked. The data platform emphasized that the stake ratio of ETH in January was 23.8%, which means that another 5.1% of all ETH has been staked in the past 10 months. Among them, 15.3% of the staked ETH has been staked for over three years. This data is considered a strong signal of ‘long-term confidence’ in the future of Ethereum. (Cointelegraph)

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