CandleFocus

Solana Overtakes Ethereum in Staking Ratio, with 68% of Supply Locked

Solana has surpassed Ethereum in terms of staking ratio, with 68% of its total supply staked compared to only 28% of Ethereum's supply. This indicates a significant difference in user participation between the two blockchains. Staking involves locking up tokens to secure a blockchain network in exchange for rewards. The staking ratio is an important metric to assess how much of a blockchain's supply is being used for validation and security. While Solana has a higher staking ratio, Ethereum remains the largest proof-of-stake blockchain in terms of total value staked. Solana has experienced a significant increase in staked value, reflecting its growing network engagement and adoption. Polkadot has also seen a notable increase in staked tokens, although it lags behind Solana and Ethereum in terms of value locked.

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