Analyst: ETH at $1,800 with Only 16% Staked, Will it Soar After Shanghai?

• Users staked a significant percentage of the total supply of various PoS crypto.
• However, only 16% of the most popular PoS blockchain, ETH, is staked.
• The crypto community wonders what would happen if 60% ETH supply were staked.

According to recent statistics, a significant percentage of the total supply of various proof-of-stake (PoS) cryptocurrencies is being staked by users. As per a tweet by a well-known crypto influencer account, 71% of Cardano (ADA), 70% of Solana (SOL), 85% of Binance Coin (BNB) Chain, 63% of Avalanche (AVAX), and 50% of Polkadot (DOT) are staked by users.

In contrast, only 16% of the most popular PoS blockchain, Ethereum (ETH), is staked. The crypto influencer ends the tweet by asking the crypto community how much the percentage of staked ETH will change after the Shanghai upgrade — designed to enable investors to withdraw their staked rewards for the first time.

71% of #Cardano is staked
70% of #Solana is staked
85% of #BNB Chain is staked
63% of #AVAX is staked
50% of #Polkadot is staked
37% of #MATIC is staked
64% of #Cosmos is staked

Only 16% of #Ethereum is staked. How much will this change after Shanghai upgrade?

— Altcoin Daily (…

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