Ethereum Staking Nears $90 Billion on Tokocrypto

Ethereum Staking Passes 32.8 Million Globally

Tokocrypto, a key player in Indonesia’s crypto scene, launched its staking services in mid-2024. The platform allows users to earn rewards on over 70 supported assets, notably including Ethereum. ETH staked surpassed 32.8 million globally by June 2025.

The Ethereum “Pectra” upgrade in May 2025 bolstered network usability and validator incentives, contributing to increased staking activities. Tokocrypto’s commitment to making staking accessible enhances retail user interaction significantly. This initiative reflects a broader trend in Ethereum adoption.

Yudhono Rawis, CEO, Tokocrypto, said, “Staking on Tokocrypto and globally is fueling new highs for Ethereum, with the Pectra upgrade marking a pivotal moment in both network participation and price performance.”

Ethereum Prices Surge 28.9% Post-Pectra Upgrade

The increase in Ethereum staking has driven substantial market optimism. Validator participation is at an all-time high since the Pectra upgrade, indicating strong community support and contributing to Ethereum’s price rally and heightened financial speculation.

Historical trends show that Ethereum’s upgrades often result in price performances and increased TVL. Following the Pectra upgrade, ETH’s price surged by 28.9%, reaffirming the correlation between technological advancements and market confidence shown in past events.

The Merge’s Legacy Fuels Ethereum’s Growth

Previous Ethereum milestones, such as The Merge in 2022, also stimulated staking activities and asset appreciation. These events confirm the positive effects that significant network upgrades can trigger in terms of community and investor interest.

Vitalik Buterin’s perspective, emphasizing staking’s role in decentralization, aligns with the observed market behaviors. Continuous innovations like Pectra propel Ethereum’s foundational strengths, influencing both current and future staking dynamics.