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Ethereum staking volume reaches a new high of 43800000 tokens ETH, while Q3 annualized yield falls to 2.63%

PANews October 31 According to CoinDesk, despite declining yields, institutions are continuing to increase crypto staking. Bitwise data show that Ethereum staking volume reached 43800000 tokens ETH, representing 35.9%of total supply, a record high;Solana active staking volume rose to 440500000 tokens SOL. However, total staking yields across both networks declined: Ethereum's average total annualized staking yield in the third quarter fell to 2.63%,Solana fell to approximately 6%. Bitwise said that Ethereum recorded net staking inflows of 1990000 tokens ETH in the third quarter, marking the sixth consecutive quarter of net inflows. A larger staking base has reduced returns. Coinbase stated that staking ETF and digital asset treasuries are expanding participation channels. An executive at Payward, Kraken's parent company, said that staking is typically countercyclical, with holding behavior increasing during market weakness...

Source: https://www.panewslab.com/zh/articles/01a19292-a22a-7783-8200-726a5d3f6d2a