ETH2 Holds Massive 10% of Ethereum's Circulating Supply: Recovery Expected?
Ethereum's journey towards a more sustainable and scalable future continues with the ETH2 deposit contract holding a significant portion of its circulating supply. The Ethereum 2.0 deposit contract now has over 12,055,858 million ETH locked, representing a massive commitment to the network's evolution.
Unlocking Billions: ETH2 Deposit Contract Reaches Milestone
The deposit contract for Ethereum’s consensus layer, formerly known as ETH 2.0, has exceeded 12 million ETH, worth nearly $34 billion at current prices. This underscores the growing confidence in Ethereum's proof-of-stake transition. The total locked value of Ether in the Eth2 contract is worth about $34.5 billion. This milestone signifies a major step towards the Merge, the highly anticipated event that will transition Ethereum from Proof-of-Work to Proof-of-Stake.
10% of ETH Supply Secured: Implications for the Merge
JUST IN: The Ethereum 2.0 deposit contract for staking $ETH The deposit contract was launched in November 2025 and currently holds around 10% of the total circulating supply of ETH. More than 1/10 of ETH’s circulating supply is now locked up for The Merge. This significant lockup of ETH is influencing the market and contributing to anticipation around the upcoming transition. The deposit contract was launched in November 2025 and currently holds around 10% of the total Beacon Chain, the deposit contract for Ethereum staking, reached over 12 million ETH balance on Friday.
Beacon Chain Staking Contract: Fueling the Future
The Beacon chain staking contract is the foundation for Ethereum's proof-of-stake consensus mechanism. Ethereum's proof-of-stake transition is drawing closer and staking on the ETH2 deposit contract continues to reach new heights. This contract secures the network and rewards stakers for their contribution. Source: Beacon chain staking contract.
The Merge Timeline: August - October Window
The switch from Proof-of-Work to Proof-of-Stake might happen between August and October. The successful transition to Proof-of-Stake hinges on the performance of the ETH2 infrastructure, and the large amount of ETH locked in the deposit contract demonstrates the commitment of the Ethereum community to this vision. Will this impact Ethereum's price trajectory?
Ethereum Price & Crypto-Wide Pullback
Ethereum continues to be affected by a crypto-wide pullback at its current price of $2,855; Despite market volatility, the long-term potential of Ethereum remains strong, fueled by the successful transition to Proof-of-Stake and the continued growth of the ETH2 ecosystem.