ETH staking ratio rises to 36.3% of supply despite price decline

Ethereum’s staking ratio has continued to rise even as ETH prices fall, crypto analyst Pelin Ay said on X. Since May, the ETH staking ratio has risen about 4.32% to 36.32% of total supply, while the price has fallen from $2,800 to $2,132 since October, Ay said. Ay said the expanding share of staked ETH signals investor confidence remains intact. Staking inflows have fallen 40.11%, but a larger long-term staking pool could reduce the amount of ETH available for circulation in the market and support prices, although staked ETH can still be withdrawn and is not permanently removed from circulating supply.