Ethereum Staking Surges 33% as SEC Clarification Boosts Security

Coin WorldTuesday, Jun 17, 2025 3:38 pm ET
1min read

Ethereum has achieved a significant milestone with over 35 million ETH now locked across various platforms, according to Dune Analytics data. This amount represents nearly one-third of the total supply of the cryptocurrency and indicates a growing trend among holders to earn passive rewards by securing the network through staking.

Lido remains the leading staking provider, holding 8.94 million ETH, which accounts for approximately 25.6% of the total market share. Following Lido are Binance and Coinbase, two prominent centralized crypto exchanges. Binance controls 2.65 million ETH, while Coinbase holds 2.59 million ETH, together accounting for over 15% of the total staked amount.

The increase in staked ETH has been linked to a recent regulatory update from the US Securities and Exchange Commission (SEC). The update clarified that different staking mechanisms are not subject to existing securities laws, thereby removing a significant source of legal uncertainty. This clarification has made it easier for individuals and institutions to participate in staking without the fear of regulatory backlash.

Staking plays a crucial role in Ethereum’s security model. As more ETH is staked, the cost of compromising the network increases. Dune Analytics data reveals that Ethereum’s economic security, measured by the total dollar value of staked ETH, now exceeds $91 billion. For an attacker to carry out a 51% attack, they would need to control a majority of the staked ETH, which would require over $46 billion in ETH at current prices of over $2,600. This makes such an attempt economically irrational.

The growing volume of staked ETH not only signals user confidence but also strengthens the resilience of Ethereum’s proof-of-stake ecosystem. This substantial amount of staked ETH enhances the security of the network, making it nearly impossible to attack. According to some analysts, approximately one-third of the staked ETH would be needed to cause any significant damage to the network. This high level of staked ETH fortifies the network against potential attacks and underscores the confidence that investors have in the Ethereum ecosystem.

However, it is important to note that while the network's security is robust, this does not necessarily translate into an immediate rally in the price of ETH. The security of the network is a fundamental aspect that supports the long-term viability and trust in Ethereum, but market dynamics and other factors also play a crucial role in determining the price movements of ETH.

Ask Aime: Is it wise to invest in Ethereum now, given its staking milestone?