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According to Jinse Finance, data from Dune Analytics shows that the total amount of ETH staked on the Ethereum Beacon Chain has reached 34,676,830 ETH, accounting for 27.93% of the total ETH supply. Among them, the share of staked ETH through the liquid staking protocol Lido is 24.74%. In addition, since the Shanghai upgrade, there has been a net inflow of 16,511,352 ETH.

Jinse Finance reported that Laura Katherine Mann, a partner at the law firm White & Case, stated that 2025 will be a "test sample year" for cryptocurrency IPOs, while 2026 will be the true year of judgment, when the market will decide whether publicly listed digital asset companies are a long-term viable asset class or merely trading opportunities during a bull market. She pointed out that the composition of companies planning to go public in 2026 will be more inclined towards financial infrastructure, regulated exchanges and brokers, custody and infrastructure service providers, as well as stablecoin payment and treasury management platforms. With a more constructive regulatory environment in the United States and increasing institutionalization, the IPO window is supported; however, Mann also emphasized that valuation discipline, macro risks, and the price trends of crypto assets will ultimately determine how many deals can truly go public successfully.