News flash: Over a quarter of Ethereum's total supply is currently staked, representing a whopping $98 billion commitment as market interest surges.

Quick Summary:

Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year.

Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido Finance holding $28.77 billion of that sum.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: Japan

Topics: News Cryptocurrency Lido Eigenlayer Ethereum Liquid Staking Crypto Validators LSDs Ether ETH

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-17 @ 17:17:11 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 20715294

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 12 posts per day

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Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

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Publication Timezone: GMT +8:00

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Publisher ID: #62

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