In the world of cryptocurrencies, staking has become a key focus for investors. As of now, Ethereum and Solana hold leading positions in staked value, with new projects showing steady growth.
Ethereum and Solana: Staking Leaders
Ethereum ranks first with a staking value of $93.1 billion, despite a low reward rate of 2.98%. This stability and network reputation attract both institutional and retail investors.
Solana follows with $61.4 billion and a higher reward rate of 7.28%, further solidifying its market position.
New Players: SUI and BNB Chain
SUI has a staking value of $22.3 billion with a reward rate of 2.31%, quickly gaining popularity among users due to its object-oriented data model. BNB Chain, with $20.2 billion and a reward rate of 1.22%, reflects trust in the Binance ecosystem, particularly with the growth of DeFi and GameFi applications on the BNB Smart Chain.
Emerging Projects: Hyperliquid and Cardano
Hyperliquid, a new decentralized derivatives platform, has amassed over $16.4 billion in staking with a low incentive of 2.29%. Cardano, on the other hand, steadily holds $13 billion with a reward rate of 2.52%, drawing on academic backing and long-term development prospects.
The cryptocurrency staking market is actively evolving, with a new wave of projects like SUI and Hyperliquid offering users new opportunities. Leaders like Ethereum and Solana continue to hold their positions, but competition is on the rise.
