Total staked ETH sits at about 36.1 million, roughly 29% of the total supply, according to Beaconcha.in data.

More than 46.5% of the total ETH supply—about 77.85 million ETH—is now in the ETH proof-of-stake deposit contract, valued at around $256 billion.

The Ethereum validator exit queue has fallen to zero, signaling dramatically reduced selling pressure and a demand-driven outlook for ETH.

Analysts say large inflows improve ETH’s supply-demand dynamics and could support sustained upward price momentum, with optimism from Onchain Foundation’s Leon Waitmann about higher staking rates once the entry queue activates into validators.

Despite these bullish signals, ETH trades near $3,300, well below its August 2025 all-time high of about $4,946.

The overall trend points to increased staking activity and lower selling pressure as a potential driver of ETH price momentum in 2026.

Institutional demand for ETH staking yields remains a key driver, with current staking yields around 2.8% APR supporting inflows.

The exit queue collapsed from a peak of 2.67 million ETH in September 2025 to zero, while the entry queue rose to about 2.6 million ETH—the highest since July 2023—with entry wait times around 45 days.

BitMine Immersion Technologies has staked over 1.25 million ETH, representing more than a third of its total ETH holdings.