Stablecoins and Staking Reinforce Network Strength
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Stablecoin activity has also played a key role. A spike in Ethereum-based stablecoin transfers in late 2025 highlighted heavy use of the network for payments and settlement, drawing in new participants who needed wallets to send and receive funds.
Meanwhile, Ethereum’s security remains strong. Data from Nansen shows that more than half of all Ether is now staked, with over 77 million ETH locked in validator contracts. Major exchanges like Binance and Coinbase collectively custody millions more on behalf of users, underscoring Ethereum’s growing role as a core financial and settlement layer in crypto.