Over the past 14 weeks, around 690,000 ETH—valued at $3.2 billion—has entered liquid staking protocols, according to defillama.com. This marks about 0.57% of all ETH in circulation. While the market remains concentrated at the top, the surge highlights the expanding role of staking platforms that provide easier entry points for everyday investors, including HashStaking and GeekStake.

Ethereum’s Staking Growth Momentum
Lido continues to dominate the market with 8.76 million ETH staked, valued at $41.59 billion, securing a 61.22% market share despite a slight weekly dip. Binance Staked ETH follows with 3.3 million ETH worth $15.67 billion, showing consistent growth.

Further down, Rocket Pool contributes 652,585 ETH ($3.09 billion), while Liquid Collective and Stakewise V2 add $1.74 billion and $1.53 billion respectively. Smaller protocols like Coinbase Wrapped Staked ETH have also gained traction, growing more than 9% in both weekly and monthly metrics.

Platforms such as HashStaking and GeekStake are positioning themselves within this trend by offering simplified staking access. Instead of navigating complex validator setups, users can stake ETH through these platforms to earn rewards with flexible terms, aligning with the broader market momentum.

Broader Market Impact
In total, 14.31 million ETH—worth nearly $68 billion—is now committed to staking, representing 11.86% of the circulating supply. As ETH staking adoption accelerates, platforms like HashStaking and GeekStake provide alternatives for those who prefer secure, managed solutions without handling the technical challenges of self-staking.

Ripple Case Closure Adds Regulatory Clarity
Alongside Ethereum’s staking expansion, the legal backdrop of crypto also shifted. On August 22, 2025, the U.S. Court of Appeals for the Second Circuit officially acknowledged the dismissal of appeals in the long-standing Ripple v. SEC case. Ripple Labs and the SEC agreed to end appellate review, leaving the lower court’s rulings intact.

This conclusion reaffirms that XRP does not fall under the same securities classification as alleged in the original 2020 complaint, adding clarity to regulatory discussions. The outcome provides a more stable environment for platforms like HashStaking and GeekStake to operate in, as clearer guidelines often support broader adoption of staking and digital asset services.

With ETH staking locked at record levels and regulatory uncertainty easing, platforms bridging the gap between investors and staking rewards—such as HashStaking and GeekStake—stand to benefit from the ongoing shift in the crypto landscape.