ETH being staked on the Ethereum network has reached 25% of supply
According to Dune data, after nearly a year of Ethereum's Shapella upgrade, the ETH staking amount has reached 30.14 million, worth about 73 billion US dollars. At this time, the amount of ETH staked exceeds 25% of the supply, and there are 942,023 individual validators participating in staking on the network. The data shows that since the Ethereum Shapella upgrade, net staking inflows have reached 10.25 million ETH. However, the provided staking rewards have dropped significantly, and as staking participation increases, it usually leads to a decrease in rewards for each staker. The staking reward rate has dropped from a peak of 8.6% after the Shapella era to below 4% now. Lido Finance validators currently account for more than 31% of ETH staking, Coinbase staking services rank second with 14% of the data, and Binance ranks third with 4% of the data.
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