The cryptocurrency market evaluates the standing of leading projects by staked value, with Ethereum and Solana taking lead positions.
Leading Cryptocurrencies in Staking
The Ethereum project recorded the largest staking value in cryptocurrencies, reaching $64.7 billion. Solana, with a staking value of $51.0 billion, also demonstrates tremendous network activity. Binance Coin continues to maintain a large stake value allocation exceeding $18.6 billion, while Sui and Cardano reached $17.9 billion and $16.2 billion respectively. Tron's stake value reached $8.9 billion due to high transaction speeds and strategic partnerships.
Emerging Contenders in Staking
Emerging contenders like Hype, Bitcoin, and Aptos hold $6.1 billion, $4.9 billion, and $4.7 billion respectively. Bitcoin entered the list thanks to the integration of staking services and wrapped BTC solutions. Staking technologies are increasingly adopted across networks such as Avalanche ($4.3B), Polkadot, and Hedera ($3.7B each). Emerging projects like MANTRA ($3.7B), Celestia ($2.5B), and Bittesor ($1.6B) have also established themselves in this field.
Staking Rewards and Participation Ratios
Different blockchain projects exhibit varying levels of staking participation. Ethereum's staking ratio stands at 27.7%, and Solana's is at 63.3%. Sui has a participation level of 76.1%, while Cardano has 59.7%. Polkadot and Avalanche demonstrate 53.6% and 51.1% respectively. Various networks offer different rewards to stakers to encourage participation.
The staking market shows a consistent growth of interest and participation from both major and emerging cryptocurrencies. Leading projects continue to attract attention and investments due to their performance and strategic approaches.
