Bitwise has released its Q3 2026 Pledge Report, which shows that 40.2 million ETH have been pledged, accounting for 33% of the total ETH supply and setting a new historical high. This year's new pledges mainly come from institutions, including pledged ETFs, corporate treasuries, and other large holders. The report shows that Solana's staking rate is 68%, Near is 45%, Hyperliquid is 44%, and Avalanche is 41%. Ethereum throughput increased by 73% year-on-year, and Avalanche transaction volume reached four times that of the same period last year; Coinbase and Circle each pledged 500000 HYPEs on Hyperliquid, and institutional staking is expanding towards more emerging PoS networks.