Ethereum hits staking milestone: Over 30M ETH locked in January 2024, defying fears of a drop and signaling sustained growth.

- Ethereum staking hits all-time high in January 2024, surpassing 30M ETH staked, with over 24% participation.

- Only 11% of total token supply held on centralized exchanges.

- New functionality allowing stakers to withdraw tokens doesn't lead to feared mass withdrawals.

Growing Ethereum staking enhances network security, attracts institutional investment, and aids integration with traditional finance.