Ethereum Reclaims $2,700 as Staked ETH Hits Record High

Ethereum has surged past the $2,700 level once again, driven by a significant increase in staked ETH.

Written by: Sophia Cruz • Tuesday, June 10, 2025 • 2 min read

• Last updated: Tuesday, June 10, 2025

Quick overview

Ethereum has surpassed the $2,700 mark again, fueled by a significant rise in staked ETH, which has reached an all-time high of 34.8 million ETH.
This increase in staking reflects growing confidence among retail and institutional investors in Ethereum's long-term value and ecosystem potential.
Institutional interest is evident, with firms like BlackRock accumulating Ethereum, indicating traction among large asset managers.
Technical indicators suggest a potential short-term pause, but Ethereum's fundamentals and upgraded protocol efficiency position it for continued growth.

Ethereum has surged past the $2,700 level once again, driven by a significant increase in staked ETH.

This renewed strength highlights growing confidence among both retail and institutional investors in Ethereum’s long-term value and ecosystem potential.

On-chain data shows that Ethereum staking has reached a new all-time high, with around 34.8 million ETH locked—representing nearly 29% of the current circulating supply. This milestone reflects a steep rise in long-term holder conviction, as more investors opt for yield through staking instead of short-term selling. Notably, staking levels climbed sharply in early June, signaling renewed momentum in deposit activity.

Price action has closely tracked this on-chain behavior. Ethereum recently rallied over 8%, peaking near $2,724 before settling just above $2,666. The surge coincided with increased trading volumes—spiking approximately 84%—indicating strong buying interest alongside rising staking demand.

Institutional signals support this trend. Firms like BlackRock have been accumulating Ethereum—its iShares Ethereum Trust recorded a multi-week streak of net inflows. Such capital flows suggest that Ethereum is steadily gaining traction among large asset managers.

Following last month’s Pectra upgrade—Ethereum’s most significant protocol enhancement since the Merge—staking activity has become smoother while on-chain efficiency has improved. Key changes include an eightfold increase in maximum validator stakes, making staking more accessible to institutional players. These technical improvements are reassuring investors, especially those interested in staking-based products.

Still, momentum isn’t endless. Technical indicators such as RSI are approaching overbought levels near 69 to 72, hinting at a potential short-term pause or consolidation. Analysts are watching closely: sustaining above $2,700 and support near $2,660 could set the stage for a push toward $3,000, while a pullback might bring ETH into the $2,500 range.

For financial brokers, Ethereum’s current phase offers a compelling narrative: strong fundamentals coupled with structural yield. With nearly 30% of ETH staked, institutional capital driving inflows, and upgraded protocol efficiency, Ethereum appears well-positioned for continued growth. Brokers should keep a close watch on key price levels and on-chain shifts when advising clients on digital asset exposure.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Open a FREE Trading Account

ABOUT THE AUTHOR See More

Sophia Cruz

Financial Writer - Asian & European Desks

Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.