Ethereum Staking Ratio Tops 30%, 36.2M ETH Locked and Earning 2.8%

On January 19, 2026, Milk Road said Ethereum staking hit an all‑time high after Token Terminal reported the staking ratio above 30%. Ultrasound Money shows 36.2 million ETH worth around $115 billion locked and earning about 2.8% annually, while Validator Queue lists 2.7 million ETH waiting and exits near zero; by Tuesday morning, ETH dipped below $3,200.