Your Vote
Decides
Web3's Best

Ethereum Staking Hits Record Highs as BitMine Continues to Stake ETH

Coingapestaff
10 hours ago Updated 8 hours ago
Coingapestaff

Coingapestaff

Journalist
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Read full bio
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Ethereum staking

Highlights

  • Ethereum staking reaches record $118B, locking nearly 30% of circulating ETH.
  • BitMine adds 154,304 ETH to its staking portfolio, boosting total holdings to 1.685M ETH.
  • Active validators surge to 976,117; 2.3M ETH queued for staking, showing strong network participation.

Ethereum staking has climbed to an all-time high. This trend indicates the investors’ long-term confidence in the token’s potential. Major players like BitMine are expanding their Ethereum staking portfolio, contributing to the growing confidence in the altcoin.

Ethereum Staking Surges, Locks Nearly a Third of ETH Supply

According to the latest reports, Ethereum staking has reached a record high, hitting $118 billion in ETH. This points out a drastic increase in long-term holding behavior of ETH investors, as staking now comprises almost a third of the total supply of Ether.

Reports state that the Beacon Chain holds about 35.8 million ETH, constituting 29.5% of Ethereum’s circulating supply. The Beacon Chain is Ethereum’s core proof-of-stake network that manages staking and validators.

The Ethereum staking, marked at $118 billion at the current ETH price of $3,302, marks the largest ratio ever marked for the token. The new value surpasses the former record of 29.54% marked in July 2025. Lido Finance, one of the staking providers, holds around 24% of the total Ether staked.

Besides the major increase in staking, there is also a significant amount of on-chain activity in the network. The number of active validators on the network has surged to an impressive 976,117.

An additional 2.3 million ETH are waiting to be staked, signalling that more investors are showing interest in staking rather than selling their tokens. This indicates that the community is largely optimistic about Ether’s future, which in turn could influence its price movements.

BitMine Adds $514M in ETH as Staking Spree Continues

BitMine Immersion, the largest Ethereum Treasury company, is one of the largest contributors to the surging ETH staking. As noted by on-chain analytics platform Lookonchain, BitMine has added another 154,304 ETH to its staking portfolio over the past five hours. This is equivalent to about $514 million at the current price.

Recently, Tom Lee’s BitMine introduced its Ethereum staking initiative to manage its $4 billion debt amid ETH’s previous downturn. Since then, the company has continuously allocated a portion of its ETH holdings to staking.

Alongside the staking expansion, BitMine continues to accumulate Ether tokens, strengthening its Ethereum Treasury. As CoinGape noted, BitMine recently bought 24,266 tokens, bringing its total Ether holdings to 4.17 million.

Thus, the treasury company’s continuous ETH staking has significantly contributed to the rising amount of ETH staked. As the company says it will maintain its strategy, Ethereum staking is poised to reach even higher levels.  

Advertisement
coingape google news

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Newsletter
Your crypto brief.
Delivered every day.
  • Insights that move markets
  • 100,000 active subscribers
By signing-up you agree to our Terms and Conditions and Privacy Policy.
About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
Your Vote
Decides
Web3's Best
Cross