Crypto market data analysis platform IntoTheBlock X analyzed that "the number of staked Ethers (ETH) has shown a steady uptrend since the beginning of the year. About 54.6 million ETH has been staked in the past 12 months." IntoTheBlock added, "Currently, about 10% of the total staked Ether is in a restaking state. The explosive growth in the restaking sector is also noteworthy this year."