On-chain data shows that since June 2025, the new staking amount on the Ethereum network has exceeded 500,000 ETH, pushing the total staking volume across the network to break through the 35 million mark for the first time, setting a new historical record. Analysts from data analysis agency CryptoQuant, Onchain School, pointed out that at the same time, the total holdings of "accumulation addresses" that adhere to a long-term holding strategy and have never sold ETH have also climbed to a historical peak of 22.8 million ETH. This dual milestone reflects the market's increasing confidence in the long-term value of Ethereum and highlights the important position of the staking economy within the Ethereum ecosystem.