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Ethereum Staking Ratio Hits 36.3% as Network Participation Expands

Ethereum's staking ratio reached 36.3% of the total circulating supply of Ether, indicating that over a third of all circulating ETH is committed to securing the network. This development follows a rise in the network's staking share from 36.09% on November 2 to 36.32% on November 10, when active validators reached 813,596 holding a cumulative total of 44,441,361 ETH at epoch 488256. At that time, Ether traded down 2.57% over 24 hours at $2,067.63 despite the persistent validator participation.

Category

Ethereum

Sentiment

Neutral

Event

Crypto native

Reading time

1 min