Grayscale Proposes Overhaul of Ethereum Staking Model to Curb Supply Growth

• —Over 32% of all ETH, about $87 billion, is currently staked
• —Staked ETH has grown roughly 10% (around $9 billion) since the start of 2026
• —Average ETH supply inflation has been about 0.8% a year over five years
• —Average network fees fell from $20–30 in 2021–2022 to $0.1–0.2 in 2026