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LUNA becomes 2nd largest crypto in staked value

LUNA becomes 2nd largest crypto in staked value after flipping Ethereum

LUNA becomes 2nd largest crypto in staked value after flipping Ethereum. Data shows that there is almost $30 billion worth of LUNA locked up by more than 226k stakers.

The Total Value Locked (TVL) feature is becoming popular and with every day passing more investors are investing in different projects. Solana, Polkadot, LUNA, and Ethereum are the top platforms when it comes to TVL. The projects like Solana, Polkadot, and LUNA are growing at a fast pace and have the potential to increase the ROI of investors. LUNA is developing at a rapid speed and its development is not going unnoticed.  

LUNA becomes 2nd largest crypto in staked value:   

LUNA becomes 2nd largest crypto in staked value after flipping Ethereum, according to the data from Staking rewards. Data from the platform shows that more than 226k stakers have locked up LUNA worth $29.5 billion. The stakers have staked $25.9 billion worth of ETH in the Ethereum Network. The numbers of stakers at LUNA are four times more than Ethereum Network. LUNA becomes 2nd largest crypto with more than 226k users whereas EThereum has 54,768.

LUNA becomes 2nd largest

Solana holds the first position in staking with a total value of $35 billion. LUNA is estimated to yield 6.62% on average while ETH fetches 4.81%. The most rewarding out of the top 10 staked assets is Polkadot (DOT) with 13.92%.

About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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