Hi there,

      While the overall staking market decreased alongside the general crypto market, there has still been consistent net staking inflows on some networks. Led by Terra with $871M net staking inflow in the last week, and followed by Ethereum, Polygon, and Solana.

      Terra, Ethereum, Polygon, and Solana show strength in terms of staking inflow, and thus make a strong argument for blockchains with real adoption and usage.

      Noteworthy is that the number of unique staking wallets, increased by 2%, while Global Staked Value has decreased. It suggests that the change has been primarily driven by price movements, while more people are getting into staking, as the markets lose momentum. Furthermore proves the point that Staking is like a safe haven that is attractive for long-term investors during bull as well as bear cycles. Remember that the staking rewards earned today will also increase in price, and thus effectively boost your interest from staking significantly.

      Alternative Layer 1 blockchains such as Avalanche, Near Protocol, and Cardano have lost momentum with $580M net worth of AVAX flowing out of the staking economy in the last week.

      All the best,


      Staking at a Glance

      Staking Intelligence

      Global Staking Research

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      About The Author

      Staking Rewards Research

      is a team of analysts dedicated to analyzing the economics, profitability, risks, and yield potential of various cryptocurrencies.