Jun 27, 2025
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Ethereum Staking Reaches All-Time High of 29.02% Supply Locked
Ethereum Update
- Ethereum is trading at $2,400, showing resilience amid market volatility.
- Bulls defended support after a dip below $2,200, but momentum is fragile.
- Staking percentage reached an all-time high of 29.02%, indicating rising confidence among holders.
- High staking levels historically coincide with reduced active supply and sell pressure.
- ETH has climbed 75% from April lows but remains nearly 98% below its all-time high.
- Market risks persist due to global economic conditions and geopolitical tensions.
- Resistance exists around $2,625–$2,660; breaking this could trigger a rally to $2,800–$3,000.
- Volume has increased, suggesting renewed interest, though it remains cautious.
