According to the Lido Finance X account, Ethereum staking has reached an all-time high, with over 30% of all ETH currently staked.
According to on-chain data from Validator Queue, staked ETH reached a new all-time high of 36.6 million, representing 30.13% of the ETH supply.
Institutional bets from treasury companies and ETFs have contributed to this figure. Lookonchain reported on January 29 that Tom Lee’s Bitmine staked an additional 250,912 ETH worth $745 million. Lookonchain estimates the total staked by Bitmine to be 2,582,963 ETH at $7.67 billion, approximately 61% of its total holdings.
Lido stated that the milestone comes just as Lido V3, featuring stVaults, went live on the Ethereum mainnet.
StVaults are isolated staking environments that allow teams to run custom validation setups and optionally create stETH, while connecting to Lido’s DeFi and liquidity integrations.
Coming?
Ethereum developers are preparing to implement ERC-8004, a new standard designed to help software agents find each other, prove who they are, and decide who to trust when operating on different systems.
In a post on January 30, Ethereum creator Vitalik Buterin highlighted that in these five years, the Ethereum Foundation is entering a period of slight austerity in order to meet two objectives simultaneously.
These include delivering an aggressive roadmap that ensures Ethereum’s status as a scalable, high-performance world computer that does not compromise robustness, sustainability, and decentralization.
Second, ensure the Ethereum Foundation’s own ability to sustain itself over the long term and protect the core mission and objectives of Ethereum, including both the core layer of the blockchain and the ability of users to access and use the chain with self-sovereignty, security and privacy.
At the time of writing, ETH was down 3.86% in the last 24 hours to $2,633 and down 11% weekly.