Ethereum: Staking over trading? Read this, ETH holders!

staking continued unscathed, as users saw more value in parking their assets with the smart contracts blockchain to earn passive revenue.According to AMBCrypto’s analysis of CryptoQuant data, the staking participation rate was inching closer to 27% as of the 1st of April, meaning that 27% of ETH’s total circulation supply was deposited to secure the network. A year ago, the participation rate was just 15.89%.

At the same time, ETH supply on exchange has plummeted to multi-year lows, accounting for just 11.6% of the total supply as of this writing.These trends revealed a clear shift in the Ethereum investment landscape – one towards guaranteed, stable returns over risk-laden market trading. They also signaled confidence in the long-term prospects of the Ethereum blockchain.While the future looked green, the present was in the red. ETH retraced 6.

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