Supply Restriction
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Token Terminal ๐ยท 2026-02-11 23:02
RT Milk Road (@MilkRoad)71 days, 11hrs.That's how long you'd wait to stake $ETH right now.Ethereum staking recently hit 30% of total supply, meaning 36.8M $ETH ($72B at current prices) is now locked up.Nearly 1 million validators are securing the network.The obvious impact: This is a massive supply restriction.One-third of all $ETH is now illiquid, earning a modest 2.83% APR.That's not sexy yield by crypto standards.Yet people are lining up anyway.The 4.1M $ETH queue tells you everything:Demand to stake is ...