The Ethereum Staking Opportunity

The Ethereum Staking Opportunity


Ethereum is the largest proof-of-stake network by market cap. Currently, 32.5 million ($99 billion) ETH has been staked, and the amount of staked ETH has grown by 78% since Ethereum’s Shanghai Upgrade in April 2023.

Despite the impressive growth, only 27% of the ETH in circulation has been staked. Comparatively, other proof-of-stake networks such as Solana, Cardano, SUI, Avalanche and Aptos have a much higher staking ratio, between 48%-81%.

In other words, staking on Ethereum can grow larger, potentially fueled by the adoption of Liquid Staking or Liquid Restaking Tokens on Layer 2 networks and DeFi protocols.

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