ETH validators earn $46M in a week as the staking rewards rate hits 8.6% after The Merge, boosted by the memecoin gas fee surge.
) in the week, representing a 40% increase over the previous week's income of $33 million, when 18,339 ETH were distributed as rewards.trading is the reason behind the gratitude of validators. In the past week, the average fees on the Ethereum network have exceeded 100 gwei, marking the highest level since May 2022. As gas fees increase, end users are paying over $30 per swap.
There are two types of rewards identified by ETH Store, a company that measures reward rates: consensus rewards for proposing and attesting blocks and transaction fees for processing transactions on the Ethereum network.
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