Altcoins News

Story: Ethereum Staking Hits 35M ETH as Price Rally Brews

By James Thorp

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Ethereum is making headlines once again — but this time, it's not just about price movements.

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According to data from on-chain analytics platform CryptoQuant, more than 500,000 ETH were staked in the first half of June 2025 alone.

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Staking is a process where ETH holders lock up their coins to help secure the Ethereum blockchain and earn passive rewards.

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But staking is only one part of the bullish picture.

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Data also reveals that long-term holders—those with so-called accumulation wallets—are playing a significant role in Ethereum’s growing strength.

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The behavior of these long-term holders suggests they’re anticipating more than just modest gains.

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On the technical side, Ethereum’s current market structure is also painting a hopeful picture.

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However, if ETH struggles to hold above $2,500, the next significant support lies near $2,460.

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What’s more interesting is that this level of accumulation and staking is occurring even without extreme price volatility.

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This shift reflects a maturing Ethereum ecosystem, where investor sentiment is increasingly tied to real network usage, reduced ETH supply, and staking yield potential rather…

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Some market watchers are also speculating that Ethereum could become a leading candidate for the next spot crypto ETF.

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In short, Ethereum's latest staking milestone and rising accumulation among strong hands are sending a clear message: confidence in ETH is rising, and a price breakout may be…

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Whether you're a trader watching the charts or a long-term holder building your position, the data is aligning in Ethereum’s favor.

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