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Ethereum Staking Uptick Defies Price Weakness – What It Means for ETH
Rising staking activity despite price weakness signals strong long-term confidence in Ethereum’s value.
Despite a downturn in the cryptocurrency market, Ethereum staking activity has seen a notable increase. This surge highlights a strategic shift towards earning passive income through staking rewards, even amidst market volatility.
Recent data reveals that approximately 28% of Ethereum’s circulating supply is now locked in staking contracts, indicating a marked shift in investor sentiment.
