Solana Crypto Staked Value Lead Over Ethereum Could Be Short-Lived, Why?
The post Solana Crypto Staked Value Lead Over Ethereum Could Be Short-Lived, Why? appeared on BitcoinEthereumNews.com.
Solana (SOL) crypto briefly surpassed Ethereum (ETH) in the market cap for staked tokens but could be argued the lead was likely to be short-lived. Solana vs Ethereum Staking Market Caps The blockchain Solana has overtaken Ethereum to obtain the largest market cap for all blockchains based on staked value. As of press time, Solana was the largest blockchain by proof-of-stake (PoS) market value. Developers and investors choose SOL because of its high transaction throughput, low costs, and fast confirmation times; therefore, increasing the staking activity. SOL tokens les with over 64% of total SOL tokens in staking positions, whereas Ethereum held about 28% of its total in staked assets. Staking market caps | Source: X The market capitalization of Solana crypto reached $53.96 Billion while Ethereum’s was $53.77 Billion, stressing on the little margin. Solana remained popular among developers since its improved performance and postponed deployment of delayed sharding brought users to its network with more than 1,500 dApps. Improved security features would most likely boost SOL market demand and provide better staking rewards. The positive market momentum of SOL could stimulate investors to change their investment positioning towards SOL. The dual advantage of Ethereum’s current leadership in DeFi and upcoming improvements may eventually counter Solana’s position at the forefront of the market. Solana utilizes scalability to dominate the field, amid Ethereum’s difficulty in implementing updates. What’s Driving the Surge in SOL Staking ARK Invest adopted Solana through the SOLQ ETF from 3iQ in both ARKW and ARKF, which became the first U.S.-listed funds to hold Solana positions. The $5 Million investment from ARK Invest showed a strong commitment to staked SOL as it enjoyed brief market superiority over Ethereum with a $53.96 Billion capital value, passing its $53.77 Billion total. ARK Invest portfolio | Source: X The total…
Filed under: News - @ April 23, 2025 8:21 pm