• Ethereum’s 50% staking milestone triggers backlash over ‘misleading’ supply data CoinShares researcher Luke Nolan says the 50% figure is ‘inaccurate, or at least materially misleading’ and staked ether is closer to 30% of supply. • Ethplorer.io’s Aleksandr Vat agrees. • What to know: More than half of all ether ever issued has passed through Ethereum’s proof-of-stake deposit contract, but analysts say this overstates how much ETH is actually locked. • On-chain data show about 37 million ETH, or roughly 31% of the total supply, is currently staked, far below the roughly 80 million ETH that have cumulatively entered the Beacon deposit contract. • The milestone underscores staking’s growing role in Ethereum’s economics, with some investors likening ETH to a “digital bond” even as critics warn that large players now dominate validator growth. • Ethereum has crossed a symbolic threshold, with more than half the total ether (ETH) issued now held in its proof-of-stake (PoS) contract for the first time in the network’s 11-year history, Santiment saidin a post on Xthat has been met with criticism.
Article Summaries:
- Ethereum’s 50% staking milestone triggers backlash over ‘misleading’ supply data CoinShares researcher Luke Nolan says the 50% figure is ‘inaccurate, or at least materially misleading’ and staked ether is closer to 30% of supply. Ethplorer.io’s Aleksandr Vat agrees. What to know: - More than half of all ether ever issued has passed through Ethereum’s proof-of-stake deposit contract, but analysts say this overstates how much ETH is actually locked. - On-chain data show about 37 million ETH, or roughly 31% of the total supply, is currently staked, far below the roughly 80 million ETH that have c
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