35.2M ETH Staked: Ethereum Supply Tightens Near $2.4K Pivot

Over 35.2 million ETH is now staked, representing nearly 30% of Ethereum’s total circulating supply.

Ethereum price trades at $2,426.56, with support at $2,391.69 and resistance at $2,459.96.

Staked ETH remained stable through price volatility, reflecting steady validator participation.

Over 35 million ETH is staked on the Ethereum network currently, a pivotal milestone in its current trajectory. The staked amount translates to nearly 30% of Ethereum's total circulating supply. The latest numbers signal prolonged growth in staking activity since the beginning of 2022. Despite price volatility, the locked ETH has kept increasing steadily, signaling consistent participation of validators. The trend accelerated over the duration of 2023, especially following protocol-level changes that enhanced staking efficiency and reduced technical barriers.

The float available in the market has been affected by this change in supply dynamics. The larger the tokens involved in staking contracts, the smaller the circulating supply and participation in active markets. This directly affects the liquidity of the token on the major exchanges. Although this report does not predict market direction, the metrics can be used to understand how market participants are deciding to use Ethereum at scale.

Staking Growth Remains Strong Despite Market Volatility

From July 2022 to June 2025, Ethereum's total value stacked showed a persistent upward trend. By mid-2023, the total number of stacked coins exceeded 20 million. As of the latest update, the total staked figure reached approximately 35.2 million ETH.

At the same time, the price of Ethereum has also gone through a number of cycles, plotted on the same chart. Price changes were dramatic in 2023 and 2024, with spikes particularly during periods of high volatility. As an example, price rates reached $4,000 in early 2024 before falling to under $2,000 before partial recovery in 2025. Along the way, staking activity remained extremely high, even as ETH price dipped.

This highlights the ongoing interest in staking, regardless of spot market sentiment. The locked ETH supply held steady even when the price reached its 2025 low.

Ethereum Price Now Trades Near Key Support and Resistance Levels

Ethereum is currently priced at $2,426.56, reflecting a 1.2% daily decline. The token also trades at approximately 0.02261 BTC, down 1.4%. Within the 24-hour period, ETH traded between a low of $2,391.69 and a high of $2,459.96.

These levels now act as immediate support and resistance markers for short-term market participants. Notably, the price sits just above a key technical support line at $2,391.69. Meanwhile, $2,459.96 stands as the next resistance level on the chart. Price action continues to consolidate within this range, with no major breakout yet confirmed.