Ethereum staking volume hits a new high, ETH breaks through the 3,300 resistance zone

The total amount of staked ETH on the Ethereum network has surpassed 36 million ETH, accounting for nearly 30% of the total circulating supply, reaching a new all-time high. This data indicates that despite market volatility, long-term holders and institutional investors remain highly confident in the security and future returns of the Ethereum network. ETH has recently broken above the $3,300 neckline, and ETH ETFs have shown net capital inflows this week. When demand remains stable or increases with ETF inflows, could cryptocurrencies have a chance to turn a new page in 2026?

Ethereum Staking Reaches New Highs

Latest on-chain data shows that the staked amount on the Ethereum network has reached approximately 36 million ETH, a historic high. This means nearly 30% of ETH supply has been removed from circulation and locked in staking. Additionally, the validator “exit queue” has recently dropped to a low point, while the “entry queue” remains crowded, indicating strong capital inflow intentions far exceeding outflows. This trend not only enhances the security of the network’s consensus layer but also directly leads to a significant decrease in available “liquidity supply” for trading in the market. As selling pressure is absorbed by the staking mechanism, resistance to short-term price fluctuations increases.

Institutional Entry Effect: ETF and Major Holders’ Deployment

Behind the surge in staking volume, the role of institutional investors cannot be ignored. As Ethereum spot ETFs gradually mature in certain markets and asset management firms like Grayscale explore mechanisms to distribute staking rewards to investors, traditional financial capital’s demand for ETH yields is increasing. Moreover, digital asset financial companies such as (DAT) like BitMine are also transferring their idle ETH into staking protocols to earn risk-free returns. This shift from retail-driven to institution-driven staking structures makes locked-in funds more sticky, which in the long term helps reduce Ethereum asset volatility.

ETH Breaks Through 3,300 Resistance Area, ETF Shows Net Capital Inflows

From the price trend perspective, ETH has recently broken above the $3,300 neckline and also surpassed the 99-day moving average resistance. Additionally, ETH ETFs have shown net capital inflows this week. When demand remains stable or increases with ETF inflows, and the effective circulating chips in the market continue to decrease due to high staking rates, the resistance to upward price movement diminishes.

While traditional tech stocks have recently faced selling pressure, cryptocurrencies are attempting to reverse the downturn since October last year. Is there a chance for the market to turn a new page in 2026?

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