Ethereum’s 50% staking milestone triggers backlash over 'misleading' supply data

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A recent milestone in Ethereum's staking, reaching 50% of its supply, has been disputed by researchers who claim the figure is misleading and that the actual staked ether is closer to 30% of the total supply.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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CoinShares researcher Luke Nolan says the 50% figure is ‘inaccurate, or at least materially misleading’ and staked ether is closer to 30% of supply. Ethplorer.io’s Aleksandr Vat agrees.

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Original article published by CoinDesk on February 18, 2026.
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