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Ethereum staking hits record high with 30 percent of ETH supply locked

Ethereum staking has reached a record high, with about 30 percent of circulating ETH locked, The Block reported on Tuesday. Staked ether has exceeded 36 million tokens, representing a market value of more than $118 billion. The Block said an 11 percent year-to-date rise in ether and a jump of more than 5 percent over 24 hours also supported staking growth. The network has more than 900,000 active validators, with another 2.3 million ETH waiting.