BlackRock’s staked Ethereum fund pulled in $155 million on its first day of trading — more than the firm’s own Bitcoin ETF managed at launch. That number tells one part of Ethereum’s story in early 2026.
The other part is harder to spin: the token itself has dropped more than 55% from its August 2025 high of roughly $4,953, and it is still falling.
A Network Busier Than Ever
Trending: Houthis claim first missile attack on Israel since start of Iran war
Daily active addresses on Ethereum climbed toward 2 million in February 2026, surpassing peaks recorded during the 2021 bull market, according to analytics firm CryptoQuant.
Smart contract interactions now exceed 40 million per day, and 37 million ETH — close to 30% of total supply — sits locked in staking contracts. Those are not small numbers. They suggest a network that more people are actively using than at any point in its history.
But price is not following. Ether has dropped
Continue reading
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!