By staking Ethereum (ETH), investors have yet another potential income stream to consider in the rapidly expanding cryptocurrency landscape.
As the leading Proof of Stake crypto, the Ethereum Network has the highest staking market capitalization in the whole space. Accruing for a total of $44.56 billion in ETH locked by validators, by press time.
The creation of new tokens (block subsidy) and transaction fees reward investors when they stake their tokens to secure the Ethereum blockchain. Similar to what happens with Bitcoin (BTC) mining. Nevertheless, the supply inflation resulting from these rewards can also impact the real reward rate for Ethereum investors.
Staking Ethereum data. Source: StakingRewards.com
Nevertheless, it is also important to say that staking Ethereum gives investors one of the closest real reward rates to the annualized expected reward rate among other staked cryptocurrencies.
At the time of publication, there were a total of 863,550 validators staking 27.73 million ETH. However, the staked tokens dropped 65.59% in the last 24 hours.
