Staked Ether Hits Record, Driven by Corporate Crypto Treasury Adoption

Despite another week of downside for the cryptocurrency market, the staked Ether supply reached a new all-time high, meaning over 28% of the token’s supply is now locked in exchange for passive income.

A growing staked Ether (ETH) supply indicates that more investors are preparing to hold their tokens, instead of selling at current prices.

Meanwhile, publicly-traded companies continue establishing corporate cryptocurrency reserves, signaling increased institutional adoption of digital assets beyond Bitcoin (BTC).

On Thursday, Nasdaq-listed Lion Group…