Solana Overtakes Ethereum in Staking Ratio, with 68% of Supply Locked

• Solana surpasses Ethereum with a staking ratio of 68%, compared to Ethereum’s 28%.
• Solana’s staked value skyrockets to $58 billion, reflecting a $50 billion increase in just one year.
• Polkadot follows closely with 58.88% of its supply staked, although its total value lags at $3.9 billion.

In a notable shift in blockchain staking trends, Solana has overtaken Ethereum in staking ratio, with 68% of its total supply staked as of September 2024. By comparison, only 28% of Ethereum’s supply is staked. This demonstrates a significant difference in user participation across the two leading blockchain networks.

When you stake, you lock up tokens to help secure a blockchain network in exchange for rewards. This staking ratio is an important metric to assess how much of a blockchain’s supply is being used for validation and security.

The data on staking ratios includes both native staking, where tokens are locked directly within the network, and liquid staking, which allows users to stake tokens while maintaining liquidity through derivative tokens. 

Solana Has $50B More Locked in Staking Pools Than a Year Ago

Though Solana has a higher staking ratio, Et…

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