Currencies35211
Market Cap$ 4.32T+4.37%
24h Spot Volume$ 99.56B+12.1%
DominanceBTC54.85%-0.44%ETH12.28%+1.61%
ETH Gas0.29 Gwei
Cryptorank

Institutions Follow the Yield, Picks Solana Staking Over Ethereum


by Coin Edition
for CoinEdition
A comparison of Solana vs. Ethereum staking shows SOL has a higher staked rate and superior rewards.
  • On-chain data shows Solana’s 67% staked supply rate is more than double that of Ethereum’s 30%
  • Solana’s baseline staking reward of 6.6% is significantly higher than Ethereum’s 2.8% APY via Lido
  • SOL offers no staking minimums and 2-3 day unlocks, giving it a major edge over ETH’s rigid terms

On-chain data reveals a trend that institutions are watching closely; investors are choosing to stake Solana (SOL) at more than double the rate of Ethereum (ETH).

Ethereum being a legacy chain, Solana’s superior rewards and flexible terms are making it the clear winner in the war for staked capital. This trend is backed by a surge in institutional adoption, with public companies already holding massive SOL positions.

Related: Solana (SOL) Institutional Adoption Surges as Public Companies Amass $591 Million

On-Chain Data Shows Solana’s Staking Rate is Double Ethereum’s

The data from Solanabeach tells the whole story. Roughly 67% of Solana’s total supply is currently staked, representing over $82 billion in locked value.

In stark contrast, according to beaconcha, only about 30% of Ethereum’s total supply is staked. This isn’t a new development; Solana’s staked va…

The post Institutions Follow the Yield, Picks Solana Staking Over Ethereum appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Fresh Data Reveals Where Bitcoin, Ether, XRP, SOL, ADA, SHIB Are Headed for the Next 30-60 days

Fresh Data Reveals Where Bitcoin, Ether, XRP, SOL, ADA, SHIB Are Headed for the Next 30-60 days

Bitcoin’s recent struggles may not be a sign of weakness but rather a pause before th...
Why is Zcash Pumping Today: Here is What Happened

Why is Zcash Pumping Today: Here is What Happened

Zcash surged to over $98 on Wednesday morning, marking its highest level in more than...

Institutions Follow the Yield, Picks Solana Staking Over Ethereum


by Coin Edition
for CoinEdition
A comparison of Solana vs. Ethereum staking shows SOL has a higher staked rate and superior rewards.
  • On-chain data shows Solana’s 67% staked supply rate is more than double that of Ethereum’s 30%
  • Solana’s baseline staking reward of 6.6% is significantly higher than Ethereum’s 2.8% APY via Lido
  • SOL offers no staking minimums and 2-3 day unlocks, giving it a major edge over ETH’s rigid terms

On-chain data reveals a trend that institutions are watching closely; investors are choosing to stake Solana (SOL) at more than double the rate of Ethereum (ETH).

Ethereum being a legacy chain, Solana’s superior rewards and flexible terms are making it the clear winner in the war for staked capital. This trend is backed by a surge in institutional adoption, with public companies already holding massive SOL positions.

Related: Solana (SOL) Institutional Adoption Surges as Public Companies Amass $591 Million

On-Chain Data Shows Solana’s Staking Rate is Double Ethereum’s

The data from Solanabeach tells the whole story. Roughly 67% of Solana’s total supply is currently staked, representing over $82 billion in locked value.

In stark contrast, according to beaconcha, only about 30% of Ethereum’s total supply is staked. This isn’t a new development; Solana’s staked va…

The post Institutions Follow the Yield, Picks Solana Staking Over Ethereum appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Fresh Data Reveals Where Bitcoin, Ether, XRP, SOL, ADA, SHIB Are Headed for the Next 30-60 days

Fresh Data Reveals Where Bitcoin, Ether, XRP, SOL, ADA, SHIB Are Headed for the Next 30-60 days

Bitcoin’s recent struggles may not be a sign of weakness but rather a pause before th...
Why is Zcash Pumping Today: Here is What Happened

Why is Zcash Pumping Today: Here is What Happened

Zcash surged to over $98 on Wednesday morning, marking its highest level in more than...