**News Flash: Ether Staking Hits New Highs Amid Price Drop**

- Nearly a third of all Ether (ETH) is now staked, signaling strong long-term interest. Onchain data provider IntoTheBlock revealed that 28.9% of ETH is staked, up from 23.8% in January.

- Despite this, ETH prices have declined. After peaking above $4,000 in March, ETH has dropped 40%, now trading around $2,400. Analysts attribute this to sell pressure from ICO participants and low demand for spot Ether ETFs.

- Ethereum co-founder Vitalik Buterin supports lowering solo staking requirements, currently at 32 ETH, to encourage broader participation.