
PANews|Apr 21, 2025 10:32
Solana's high staking yield briefly pushed its staking value beyond Ethereum
According to Cryptoslate, on April 20th, Solana's total staking value (in US dollars) briefly surpassed Ethereum. According to pledge data shared by Alex Svanevik, CEO of Nansen, Solana's pledged SOL tokens were worth over $53.9 billion at their peak. This figure is slightly higher than Ethereum's pledged market value of $53.7 billion on the same day.
However, Solana's leading position was fleeting. At the time of writing, Ethereum has regained the top spot with a staking value of $56 billion, while Solana is worth $54 billion.
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