Ethereum Staking Hits Record Levels As Buterin Urges Builders To Deliver Real Apps
According to ValidatorQueue data, staked Ethereum has climbed to close to 36 million, equal to nearly 30% of the circulating supply. That figure now represents more than $119 billion at current prices.
He contrasted those products with tools that a person truly owns and controls. The message was clear: now that infrastructure is in place, developers should focus on practical software people will actually use, not just experiments that live on testnets.
What This Means Going Forward
The split between the technical optimism and the market reality is visible. On one side, nearly 36 million ETH staked and a swollen staking queue show investor conviction in the protocol’s future.
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On the other, price pressure since August has been real and is still being felt. Reports emphasize that the climb in staked ETH strengthens the network’s security, but the call to build usable, user-friendly apps remains loud.
If developers respond by shipping useful products that meet everyday needs, the combination of a secure chain and working applications could push broader adoption.
For now, the numbers and the rhetoric are both sending a clear signal: the ingredients exist, and attention is shifting toward turning them into tools people rely on.
Featured image from Unsplash, chart from TradingView
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