Tỷ lệ staking ethereum tăng lên 31% dù giá giảm

The Huoxing Finance report states that on May 19, despite ETH's price declining approximately 26% this year, the Ethereum staking ratio has risen from 29% at the beginning of the year to around 31%, indicating that long-term holders are continuing to reduce circulating supply, disregarding price weakness and on-chain risks. Historical data shows that under conditions of tightening liquid supply, a substantial rebound in demand could provide strong price support. Meanwhile, liquid staking protocols such as Lido have significantly lowered participation barriers, expanding the staking base from professional validators to a broader range of retail and institutional users. Analysis suggests that as spot ETF products mature and RWA tokenization activity on Ethereum expands, institutional demand for staked ETH could bring structural capital inflows into the staking ecosystem. Despite ETH's weak price performance, Ethereum's core position in RWA settlement, DeFi infrastructure, and Layer 2 activity continues to strengthen; whether the price reverses may depend on how quickly institutional capital shifts from narrative to actual allocation.