Ethereum Staking Hits 30%, Pushing Price Towards $6,000

Ethereum’s staking activity has surged to a new high of 29.8%, with nearly 36 million ETH locked and signifying growing supply constraints. This progress aligns with analyst expectations for a price expansion towards $6,000, following recent resistance breaks. The upward trend is fueled by increasing DeFi activities and investor confidence, while analysts observe a clear accumulation zone that supports this bullish momentum.