Why Ethereum [ETH] stands at last spot in staking race of PoS chains
The significant growth of staked ETH has accelerated since the launch of, a staking derivative token. But at the same time, the rise in staked ETH caused rewards to decrease proportionally. As a matter of fact, the Ethereum staking reward would fall between 6% and 8% post the Merge.
This is the reason why stakers backed out or rather plan to back out from the network. To support the former, Messari’s insight could be of use here.like Binance , Solana, Cardano, Avalanche, and Polkadot. Here’s the graph to quantify the ratio.It’s quite clear that in the staking race of different PoS chains, ETH stood at the last spot with an 11% rate. Could this become better? Potentially yes.
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