🚀 **Ether Staking Soars: 28.9% of ETH Now Locked Up!** 🚀
Hey crypto enthusiasts! Almost a third of all Ether (ETH) is now staked, showing that token holders are in it for the long haul. Onchain data provider IntoTheBlock revealed that 28.9% of ETH is staked, up from 23.8% in January. 📈
Despite this bullish staking trend, ETH prices have taken a dip. After hitting a yearly high of over $4,000 in March, ETH now hovers around $2,400. Analysts blame sell pressure and low demand for spot ETFs.
Vitalik Buterin is also in the mix, advocating for lower solo staking requirements to encourage more participation. What do you think? Drop your thoughts in the comments! 💬