According to BeaconChain data, as of June 8, over 34.6 million Ether (ETH) have been locked in Ethereum’s Proof of Stake (PoS) system, with a total value of nearly $90 billion. These staked Ether account for approximately 28% of the total supply (around 120.8 million).
Source: BeaconChain
Amir Forouzani, co-founder of the Ethereum liquidity staking protocol Puffer Finance, stated in an interview with The Defiant that the surge in Ethereum staking is primarily driven by two key forces: the rise of liquidity staking and increased institutional participation. He remarked:
He added that the inflow of funds from asset management firms and potential exchange-traded fund (ETF) issuers continues to rise, highlighting the growing confidence in Ether as a yield-generating, programmable asset. According to data from Staking Rewards, the ETH staking rewards offered by different platforms range from approximately 2% to 4%.
Forouzani further mentioned that at Puffer Institutional alone, several clients are preparing to restake large amounts of ETH, stating, “With the acceleration of institutional adoption, we expect the total staking volume to further increase.”
Davis Richardson, managing partner at Paradox Public Relations, also echoed this view, stating that the record-high staking volume symbolizes the market’s ‘great confidence’ in the durability of the Ethereum network. He stated:
He pointed out that Ethereum still retains a first-mover advantage, and the market recognizes this, believing that “in the short term, the total value locked (TVL) may reduce selling pressure, especially as BlackRock reconfigures its asset portfolio for its iShares Ether fund product, while investors’ thirst for yield is also increasing—something Bitcoin currently cannot provide.”
As of the publication of this article, the trading price of Ether was $2,689, having risen 7.8% in the past 24 hours.
