In January 2026, the Ethereum ecosystem saw a surge in staking activity, with several metrics hitting all-time highs. These records may reduce liquid supply and contribute to a possible price breakout.
Although ETH price has remained below the $3,500 mark for the past two months, analysts consider a breakout is imminent based on these positive on-chain signals.
Nearly 36 million ETH are in stake, accounting for nearly 30% of the availability
Data from ValidatorQueue shows that the variety of ETH staked has reached 35.9 million, accounting for 29.6% of the whole circulating supply. At current prices, this equates to greater than $119 billion.
Total ETH staked vs. % of supply staked. Source: ValidatorQueue
The graphic shows a notable increase for the reason that starting of January. Staked ETH rose from 35.5 million to 35.9 million, marking the top of an prolonged sideways phase that had lasted since August last 12 months.
This growth got here despite the value of ETH falling by greater than 30% since August. The data reflects strong long-term conviction amongst investors. It also strengthens the safety and stability of the Ethereum network.
Additionally, on January 15, the ETH staking queue exceeded 2.5 million ETH, marking the very best level since August 2023. Meanwhile, the non-deposit queue fell to zero.
Ether validator queue. ValidatorQueue
These milestones are largely driven by the staking activity of huge institutions and publicly traded digital asset treasuries (DATs).
Arkham reported that Tom Lee's Bitmine has staked a further 186,500 ETH, price greater than $600 million. This move increased the whole variety of ETH staked to 1.53 million, which is price over $5 billion. In total, Tom Lee now holds greater than 1% of Ethereum's total supply.
“Tom Lee is staking billions of ETH. He knows 100% greater than us.” – CryptoGoos commented.
Meanwhile, SharpLink (SBET), the primary publicly traded company to make use of Ethereum as a primary treasury asset, reported that staking activities have generated over $32 million since June. The total rewards collected now stand at 11,157 ETH.
Ethereum recorded one other major milestone in January as user activity hit an all-time high. This trend reflects the strong participation in stablecoin transactions and DeFi protocols across the Ethereum network.
Given these bullish signals, analysts predict that Ethereum could break the present resistance at $3,450 and rise towards $4,000. This outlook can also be supported by a cup-and-handle pattern forming within the near term.
Post-Ethereum Staking Activity Sets Multiple Records – Is ETH Price Ready for a Breakout? appeared first on BeInCrypto.
Article source: beincrypto.com
Post-Ethereum Staking Activity Sets Multiple Records – Is ETH Price Ready for a Breakout? appeared first on Crypto Adventure.
