Ethereum Staking Surges 33.9 Million ETH Locked Amid 9% Weekly Price Gain

Ethereum has reached a significant milestone with over 33.9 million ETH locked in staking as of June 24, 2025. This surge in staking coincides with a 9% weekly gain in ETH's price, closing at $2,428.41, and $3.3 billion in net inflows. The staking growth reflects a deepening commitment to the Ethereum network, with a steady increase in staked ETH since December 2020. This trend has been particularly strong since mid-2022, when the staking volume crossed 12 million ETH. The current staking growth is notable for its independence from an Ethereum staking ETF, which could further escalate locked volume. The persistent validator confidence in Ethereum's Proof-of-Stake framework is evident in the absence of any prolonged downtrend over the years.

Ethereum's recent price action has been bullish, with a 9.01% gain on the week, closing firmly above $2,400. This move followed a rebound off the $1,600 zone earlier this month, which has historically acted as a strong technical support. The weekly chart shows a low of $2,188.00 and a high of $2,482.04, reflecting strong buying from intraday dips. The latest price action indicates ETH is forming a higher low on the weekly chart, with a potential path toward $2,800 resistance. Volume hit 1.64 million ETH on Binance this week, confirming faith in the rally. This volume pop is in line with growing staking, further supporting the thesis that ETH holders are deploying capital into long positions instead of exiting the market.

Ethereum has led all assets with $3.3 billion in net inflows, capturing the largest share of $5.3 billion in net flows across the crypto sector. Bitcoin was in second place at $1.9 billion, with Solana and Arbitrum coming third and fourth, with $628.5 million and $539.5 million, respectively. The other $360.3 million of ETH inflows was deployed into Ethereum-based protocols for use in DeFi, staking platforms, and stablecoin liquidity pools. Ethereum’s sustained capital magnetism underscores its current dominance. When staking grows and price rises in tandem, the market takes notice. And when Ethereum absorbs over 60% of crypto inflows, the ecosystem speaks for itself.