Over 31.5 million ether is staked on Ethereum's proof-of-stake consensus layer called Beacon Chain — totaling $115 billion in value.

The amount of ether staked on the Beacon Chain is almost 26% of its total supply, with over 980,000 individual validator stakes involved.

Following the recent rise in the price of ETH (currently at $3700), the value of the total staked assets has now exceeded $115 billion. This is a sizable portion of ETH's market cap of $446 billion — underscoring the amount of Ethereum's economic security.

In proof-of-stake networks like Ethereum, which transitioned to PoS with The Merge, economic security is crucial.

The concept here is that to attack the network, for instance, by reversing transactions or conducting a double-spend attack, an entity would need to …