Ethereum’s staking withdrawal queue hit zero in 2025 post-Pectra upgrade, with 31 million ETH staked ($186 billion at $6,000). This allows instant unstaking, raising fears of sell pressure. However, only 5% of stakers (1.5 million ETH) are expected to exit, as 3% yields remain competitive versus DeFi’s 5%. Lido, holding 35% of staked ETH, saw 10% withdrawals, but most were re-staked into Arbitrum pools at 4% APY. ETH’s price dipped 5% to $5,700, reflecting minor selling, but institutional demand from JPMorgan’s staking program absorbed $1 billion. Sell pressure may be limited to a 3% price drop by Q3, as staking’s $64 billion TVL and low L2 fees ($0.01) encourage holding. ETH could rebound to $6,500 by 2026 if DeFi adoption grows.
- 0 replies
- 0 recasts
- 0 reactions
A Bitcoin layer-2 executive explained how Bitcoin narratives that were “overhyped” have now wholly vanished while the ecosystem develops. In a Cointelegraph interview, Bitlayer co-founder Charlie Hu laid out three Bitcoin narratives that he believed were overhyped. This included narratives that surrounded Ordinals, layer-2s and re-staking. According to Hu, one of the overhyped narratives in Bitcoin was non-fungible tokens (NFTs). The executive told Cointelegraph that while inscriptions may have gone “to the moon,” Hu said the era is “completely gone.” CryptoSlam data shows that in the first quarter of 2024, Bitcoin NFTs had a volume of $1.4 billion. In 2025 Q1, the volume is only at $280 million, showing an 80% drop. The executive believes that the 1,000x days of Bitcoin NFTs may be over and that people can’t expect similar “crazy” price performances anymore.
- 0 replies
- 0 recasts
- 0 reactions
In 2025, key on-chain indicators, such as network activity, transaction volume, and wallet balance distribution, became important signals for predicting market trends. High on-chain activity, such as increased daily transactions and rising addresses with non-zero balances, indicated healthy market sentiment and potential price increases. Conversely, a decrease in on-chain activity, like low transaction volume or a drop in active wallets, often signaled a bearish trend or low market confidence.
- 0 replies
- 0 recasts
- 0 reactions