币界网报道：Ethereum staking has surged to a record high, with 29.02% of the total ETH supply now locked in staking contracts, signaling strong long-term conviction among investors. According to data from Glassnode, over 34.8 million ETH is currently staked, worth approximately $82 billion at current prices. This milestone comes despite Ethereum's price remaining below its all-time high, suggesting holders are prioritizing network participation over short-term gains. The staking ratio has steadily climbed since Ethereum's transition to proof-of-stake in September 2022, when only about 11% of supply was staked. Analysts note the growing staking activity reflects confidence in Ethereum's roadmap, including upcoming upgrades like Proto-Danksharding (EIP-4844) to improve scalability. Major staking providers like Lido Finance continue to dominate, controlling about 31% of staked ETH, though concerns about centralization persist. The rising staking yield, currently around 3.5% annually, also attracts institutional investors seeking yield in a low-interest environment. However, some experts warn that high staking ratios could eventually reduce market liquidity and potentially impact price volatility. The Ethereum Foundation maintains that current staking levels remain healthy for network security while allowing sufficient ETH circulation for DeFi and other applications.