Terra (LUNA) Surpasses Ethereum Becoming Second Most Staked Asset
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Over the past week, the price surge in the LUNA token has caused it to rise to become the second most-staked primary digital currency in TVL leaving Ethereum behind. In addition, a data source…
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Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value. According to data from... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
Staking rates on the Ethereum blockchain have been on the rise since the implementation of the Shanghai upgrades in April 2023. The Shanghai upgrades made staking more accessible to institutional investors and increased the staking rewards, which has led to a significant increase in the number of ETH staked on…
According to Glassnode on-chain data, Ethereum staking has reached an all-time high of over 16.16 million ETH which has been deposited into the beacon chain. The 16.16 million ETH figure consists of over 13.28% of the total Ether supply and represents $26.13 billion at current prices. As per the data,…