Solana briefly overtook Ethereum in staked value, amassing over 53.9 billion USD in SOL from 505,938 unique wallet holders, offering an 8.31% annual return.
Ethereum’s staked market cap remains at 53.93 billion USD with an annual return of 2.98%, highlighting significant differences in staking rewards between the two networks.
Concerns have emerged regarding Solana’s ecosystem, with high staking returns potentially diverting users from DeFi activities, raising questions about token utility and economic security.
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