According to IntoTheBlock data, 28.9% of all Ether has been staked. In January, this rate was 23.8%, indicating a 5.1% increase in the last 10 months. In addition, 15.3% of ETH staked has been staked for more than three years. This is considered a strong signal of long-term confidence in Ethereum’s future.

Despite the increase in stakes, the ETH price has been falling. ETH, which rose above $4,000 in March, is trading around $2,400 in October, down 40%. Analysts believe that selling pressure from ICO participants and lack of demand for spot ETH ETFs contributed to this decline.

Vitalik Buterin supports lowering solo staking requirements. We are waiting for your comments.