According to The Block, Solana has reached a historic milestone: the share of coins staked was 62%, which is comparable to Ethereum.
Solana has ~379 million SOL staked (about $65 billion)
Ethereum has ~27 million ETH, also about $65 billion at the current exchange rate
Experts regard this event as a bullish signal for Solana:
High Rate of Staked Coins Reduces Selling Pressure
Emphasizes the maturity of the network and the trust of validators
Solana remains one of the most actively used L1 networks, and the growth of DePIN, NFT, and DeFi activity based on it strengthens the project's position amid the overall market recovery.