This week, the supply of ether by tablespoons reached an all-time high, indicating growing investor confidence and squeezed the liquid supply of the world’s second-largest cryptocurrency.
More than 35 million ether (eth) Coin is Now placed below Listed consensus model of Ethereum blockchain, according to Data from Dune Analytics.
Now, more than 28.3% of the ether money supply is locked in a smart contract and cannot be exchanged for the time used to generate passive income for investors within the predetermined time.
The growing fixed supply also shows that a large percentage of investors are ready to hold their ETH rather than selling it at current prices.
In the first half of June, more than 500,000 ETH were fixed in “risen confidence and a decline in liquid supply”.” explain Onchainschool, the crypto writer of pseudonym, was in a post on Tuesday.
Analysts say Ethereum has accumulated addresses or holders with no sales history have also reached all-time highs in ETH Holdings, suggesting Ethereum is “one of the strongest crypto assets” for long-term rationale and investor convictions.”
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The recent rise of points is emerging as the U.S. regulatory outlook is more favorable. The record comes three weeks after the Securities and Exchange Commission (SEC) released a new record A guide to cryptocurrencyCointelegraph reported on May 30 that this is a victory for crypto regulations.
“Protocol puts into activities”, such as cryptocurrency Paste In a validation blockchain, “there is no need for a commission transaction registration under the Securities Act.” SEC’s corporate department Finance said in a May 29 statement.
However, industry participants are still awaiting approval for the first Ethereum ETF after this SEC delays it About the decision of the Bitwise app to add it to its Ether ETF on May 21.
Related: Stablecoin legislation drives Bitcoin market cycle in 2025: Financial redefinition
Lido accounts for 25% of fixed ether supply
Of the 35 million fixed Ether tokens, more than 25% are deployed through Liquid Strocking Lido. Binance accounts for 7.5% of fixed ether supply, while Coinbase holds 7.4% dune data.
Shared Cointelegraph reported on March 20 that it has become Ethereum’s largest node operator, holding more than 11.4% of its fixed suppliers.
Decentralized purists have previously criticized the growing supply of fixed ether supply through liquid placement into protocols as a potential risk of centralization, which could bring a vulnerability to the network.
Despite the criticism, the adoption of institutions has increased significantly due to the development of liquid fraction infrastructure, which is a “large percentage of the Lido’s TVL has Amid growing demand, Konstantin Lomashuk is a contributor to Lido Protastion, he told Cointelegraph.
https://www.youtube.com/watch?v=ef3wcss75Qy
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