{"id":41126,"date":"2025-08-08T08:31:57","date_gmt":"2025-08-08T08:31:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41126"},"modified":"2025-08-08T08:31:57","modified_gmt":"2025-08-08T08:31:57","slug":"ethereum-transactions-hit-record-high-as-staking-sec-clarity-fuel-eth-rally","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41126","title":{"rendered":"Ethereum Transactions Hit Record High as Staking, SEC Clarity Fuel ETH Rally"},"content":{"rendered":"
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Ethereum network transactions rose to a record high as levels of staked ether (ETH) climbed to a record high, lifted by a regulatory boost for liquid staking.<\/p>\n

The seven-day average of daily transactions on the blockchain touched 1.74 million<\/a> earlier this week, overtaking the previous record of 1.65 million set on May 12, 2021.<\/p>\n

The activity surge comes as the Securities and Exchange Commission\u2019s Division of Corporation Finance said certain liquid staking activities and \u201cstaking receipt tokens\u201d do not constitute securities<\/a> under the 1933 Securities Act, provided they meet a strict set of assumptions.<\/p>\n

Such a stance is bullish. It reduces legal uncertainty, making it safer for institutions and platforms to offer liquid staking products. That can boost demand for staked tokens like ETH, lock up more supply and support higher prices by reducing selling pressure.<\/p>\n

More than 36 million ETH, or almost 30% of supply, is now locked in staking contracts, data from Dune Analytics<\/a> shows. That’s a signal that holders are willing to forgo liquidity for yield as prices make a push toward $4,000, a level not seen since December.<\/p>\n

ETH\u2019s price action has also been supported by the growing footprint of public \u201ccrypto treasury companies,\u201d or firms that buy and hold tokens directly or through dedicated vehicles.<\/p>\n

Those holding ETH now control $11.77 billion worth of the second-largest cryptocurrency, led by BitMine Immersion Technologies with 833,100 ETH ($3.2 billion), SharpLink Gaming with $2 billion, and The Ether Machine with $1.34 billion.<\/p>\n

Ethereum co-founder Vitalik Buterin backed the trend in a Thursday podcast, saying treasury vehicles give investors more options, particularly those with different financial constraints. Still, he warned, excessive leverage could backfire.<\/p>\n

\u201cETH just being an asset that companies can have as part of their treasury is good and valuable \u2026 giving people more options is good,\u201d Buterin said.<\/p>\n

\u201cIf you woke me up three years from now and told me that treasuries led to the downfall of ETH \u2026 my guess would be that somehow they turned it into an overleveraged game,\u201d he told the Bankless podcast, outlining a scenario where forced liquidations cascade into deeper price losses.<\/p>\n

Buterin expressed confidence that ETH investors would avoid such pitfalls, quipping, “these are not Do Kwon followers,” referring to the founder of the failed Terra project.<\/p>\n<\/p>\n

ETH has rallied 163% from April\u2019s low of $1,470 to trade near $3,909, narrowing its performance gap with larger rival bitcoin (BTC) and and Solana’s sol (SOL).<\/p>\n

More than 500,000 ETH \u2014 valued about $1.8 billion \u2014 was staked in the first half of June alone, according to CryptoQuant\u2019s Onchainschool, which said the trend signals \u201crising confidence and a continued drop in liquid supply.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ethereum network transactions rose to a record high as levels of staked ether (ETH) climbed to a record high, lifted by a regulatory boost for liquid staking. The seven-day average of daily transactions on the blockchain touched 1.74 million earlier this week, overtaking the previous record of 1.65 million set on May 12, 2021. The […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41126","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41126"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41126\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}