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Ethereum News: Ethereum Staking Hits Record as ETH Trades Near $3,350 Price Zone

ETH Holds Key $3,000 Support While Staking Reaches Historic Levels

Written By : Yusuf Islam
Reviewed By : Sankha Ghosh

Ethereum staking reached a new all-time high, with 36.2 million ETH locked in proof-of-stake, accounting for 29.15% of the circulating supply. The total staked value exceeded $121 billion at a market price near $3,350. The milestone coincided with ETH trading above a key structural support level, according to market data shared on X by analyst Crypto Patel.

The data showed 36,215,116 ETH now secured on the Beacon Chain. Validator participation also continued to expand as staking activity increased. The figures reflected sustained network engagement during a period of consolidation in ETH price action.

At the same time, technical charts identified defined resistance and support zones. Analysts tracked whether ETH could clear a major supply area between $3,550 and $3,650 while maintaining strength above $3,000.

Ethereum Staking Climbs to Historic Levels

Ethereum’s staking supply rose to its highest level since the network transitioned to proof-of-stake. The locked ETH represented nearly one-third of all circulating tokens. This marked a steady rise in long-term network participation.

The staked ETH had a market value of over $121 billion at the prevailing price. The growth aligned with a rising number of active validators securing the network. The validator count exceeded 1.13 million based on shared metrics.

Lido remained a major staking provider. About 23.94% of all staked ETH passed through the protocol. This share reflected its continued role in liquid staking across Ethereum’s ecosystem.

ETH Price Faces Key Resistance Zone

ETH traded within a defined technical structure on the ETH/USDT chart. Analysts identified the $3,550 to $3,650 range as a major bearish order block and strong resistance area. Price action approached this zone after a recent recovery.

Charts showed several previous breaks in structure during prior declines. More recently, ETH formed higher lows within an ascending channel. The pattern suggested ongoing price compression below resistance.

A clean break above the $3,550 to $3,650 zone would open access to a longer-term bullish region. Until then, traders continued to monitor reactions within this supply area for directional clarity.

Also Read: Ethereum Reclaims $3,000 as Breakout Meets Blockspace Shift Amid Gwei Token Launch

$3,000 Level Remains Central to Market Structure

Analysts continued to point to $3,000 as a key support level. ETH maintained price action above this zone despite volatility during recent months. The level acted as a base for the current structure.

The chart showed fair value gaps and demand zones forming above $3,000. These areas aligned with repeated price reactions and rebounds. As a result, market participants treated the level as structurally important.

If ETH holds above $3,000, the broader structure remains intact according to shared analysis. The setup placed focus on whether rising staking participation and technical positioning could align with a decisive breakout—can sustained network locking support a move through long-term resistance?

Conclusion:

Ethereum staking reached a new all-time high with 36.2 million ETH locked, representing 29.15% of the circulating supply. ETH traded near $3,350 while holding key $3,000 support. Price action remains capped below the $3,550–$3,650 resistance zone, which traders continue to monitor closely.

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