Ethereum

2024

Coin

<ul class="wp-block-list news-points">
 <li><strong>Ethereum staking has increased to 28.9% in 2024, showing a rise in investor confidence and long-term commitment.</strong></li>
 <li><strong>Bullish sentiment in Ethereum’s derivatives market is evident with a 24.79% volume increase and a 0.29% rise in open interest.</strong></li>
 <li><strong>Despite recent price declines, technical indicators like RSI and MACD suggest a slowing of bearish momentum for Ethereum in 2024.</strong></li>
</ul>
<p>long-term confidence in Ethereum, especially with over 15% of staked ETH locked for more than three years.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f50d.png" alt="🔍" class="wp-smiley" style="height: 1em; max-height: 1em;"> Ethereum Update:<br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f510.png" alt="🔐" class="wp-smiley" style="height: 1em; max-height: 1em;">28.9% of all <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> is now staked, up from 23.8% in January<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f48e.png" alt="💎" class="wp-smiley" style="height: 1em; max-height: 1em;">Over 15.3% of staked ETH has been staked for more than 3 years<br><br>A strong signal of long-term confidence in Ethereum’s future. <a href="https://t.co/HjUj2v9N1P" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/HjUj2v9N1P</a></p>— IntoTheBlock (@intotheblock) <a href="https://twitter.com/intotheblock/status/1843568536092061914?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>This trend reflects a shift in investor behavior. While short-term staking was more common in early 2021, investors are now increasingly choosing to lock up their ETH for longer periods.</p>
<h2 class="wp-block-heading" id="h-increase-in-long-term-staking-reflects-confidence">Increase in Long-Term Staking Reflects Confidence</h2>
<p>IntoTheBlock’s report highlights a shift toward longer-term staking. In early 2021, many investors chose short-term staking. However, since mid-2022, there has been a growing tr…</p>
<p>The post <a href="https://coinedition.com/ethereum-staking-surges-in-2024-28-9-of-eth-now-staked/" rel="noopener noreferrer nofollow">Ethereum Staking Surges in 2024, 28.9% of ETH Now Staked</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ethereum Staking Surges in 2024, 28.9% of ETH Now Staked

Table of Contents

Coin Edition

Other articles published on Oct 8, 2024

Crypto.com Sues SEC: Here’s Everything You Need to Know

Bitcoin To See Next Peak in May or September 2025: Analyst

Fetch.ai at Crucial Price Levels That May Shape Its Future

5 Best Altcoins to Buy Now October 8 – OKB, BNB, Maker, GateToken

Breaking: Elon Musk X Restored In Brazil After Court Lifts Ban

Coinbase Announces New Altcoin Listing for IO Token

Join our free newsletter for daily crypto updates!