Ethereum Staking Hits 40.2M ETH, Reaching 33% of Total Supply in Q3

Bitwise Q3 data reveals 40.2M ETH staked, representing 33% of supply. Institutional inflows drove growth despite price declines, while SOL and Near Protocol also saw high staking rates.

Woofun AI data shows that Bitwise released its third-quarter 2026 staking report, indicating 40.2 million ETH are currently staked, which constitutes 33% of the total supply. The primary driver for this year's staking increase was institutional participation, including ETF holders, corporate treasuries, and large-scale entities, who expanded their positions even during price downturns.

Staking rates on other networks remained elevated: Solana reached 68%, Near Protocol 45%, Hyperliquid 44%, and Avalanche 41%. Ethereum throughput rose 73% year-on-year, while Avalanche transaction volume quadrupled. Institutional staking activity is also extending to emerging networks.