CryptoQuant analysts say the ETH staking rate has risen to about 36.32%, but total staking inflows have declined.
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AT A GLANCE
Analysts say that during the ETH price decline, the staking rate still rose to about 36.32%, but total staking inflows fell by 40.11%.
Article
Analysts: Ethereum price falls but staking rate continues to rise, boosting investor confidence
PANews November 10 news, CryptoQuant analyst PelinayPA pointed out that a divergence is emerging between Ethereum's price trend and staking activity. The Ethereum 2.0 staking rate has risen by approximately 4.32% since May, with currently about 36.32% of the total ETH supply in a staked state. Although the price of ETH on Binance has fallen from approximately 2,800 USD in October to 2,132 USD, the staking rate continues to rise, indicating that investors have not significantly reduced their commitment to staking due to weak prices. Analysts believe that higher staking participation reduces the freely tradable supply of ETH, which may provide support for the price when demand is strong, but staked ETH is not permanently locked, as validators can initiate withdrawals. Meanwhile, total staking inflows have decreased by 40.11%, highlighting the importance of distinguishing between long-term staking growth and daily inflow activity. Overall, Ethereum maintains potential supportive...
CryptoQuant analyst PelinayPA noted that Ethereum's price trend and staking activity are diverging.
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The Ethereum 2.0 staking rate has risen by approximately 4.32% since May, and approximately 36.32% of the total ETH supply is currently staked.
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ETH's price on Binance has fallen from around 2,800 USD in October to 2,132 USD.
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Analysts said that the pledge ratio continued to rise during the period of weakening prices.
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Analysts believe that a higher staking participation rate reduces the freely tradable supply of ETH and may support prices when demand is strong.
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Staking ETH is not permanently locked, and validators can initiate withdrawals.
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Total staking inflows fell 40.11%.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Simply put, the ETH price is falling, but the share of ETH that is staked is still increasing. Analysts interpret this as investors not significantly reducing their staking input due to the price weakness. However, the rise in the staking share and the decline in new staking inflows are occurring at the same time, and the signals sent by the two indicators are not entirely consistent.
Why it matters to readers
A rising staking ratio means the supply of freely tradable ETH may decrease; according to analysts, this could only form price support if demand is strong. Meanwhile, validators can withdraw, and total staking inflows are declining, so the staking ratio alone cannot be used to judge subsequent price movements.
Beginners should distinguish between the "total staking ratio" and "new staking inflows": the former is still rising, while the latter is declining. The potential price support mentioned in the article is an analyst's view, not a certain outcome.
Risks and unknowns
The main text has been truncated, making it impossible to see the complete analysis and conclusions.
The evidence does not provide the original on-chain data or calculation methods, so the relevant proportions and declines cannot be independently verified.
The "increased investor confidence" referred to in the title is an interpretive judgment and cannot be confirmed solely on the basis of a rising pledge ratio.
Staked ETH can be withdrawn, but future withdrawal conditions are unknown.
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Whether demand is strong enough and whether reduced supply will support prices are both uncertain.
The original text only states "November 10", "May" and "October", without specifying the year.
Related concepts
Ethereum 2.0 staking rate
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