Staked ETH surpasses 23 million in June — Nansen

In order to make validator status and protect the network, users lock in (stake) its native ETH token and earn rewards as an outcome. As an outcome of this de-risking, were seeing a surge in staked ether– and, as expected, the network is rapidly catching up to rival chains such as Solana in terms of percentage of the native token being staked on the network. Ethers staking is likewise catching the attention of regulators, with its future unpredictable in the United States, where the Securities and Exchange Commission (SEC) is tightening rules for crypto firms offering staking services.

In order to make validator status and protect the network, users lock in (stake) its native ETH token and make benefits as an outcome. As a result of this de-risking, were seeing a rise in staked ether– and, as anticipated, the network is rapidly catching up to competing chains such as Solana in terms of percentage of the native token being staked on the network. Ethers staking is likewise capturing the attention of regulators, with its future unsure in the United States, where the Securities and Exchange Commission (SEC) is tightening up rules for crypto companies providing staking services.