SOL officially surpasses ETH in staking market capitalization

Solana (SOL) has just surpassed Ethereum (ETH) in total staking value: 54 billion USD compared to 53 billion USD. This reflects the trust from the community and an extremely high staking rate – 77% of the total supply of SOL, while ETH is only at 27.9%.

Although SOL's market capitalization (70 billion USD) is still much lower than ETH's (190 billion USD), SOL shows a clear economic efficiency in attracting staking.

The downside is that high staking can reduce liquidity, making the price more volatile. However, due to the lower circulating supply, the price of SOL can also be easily pushed up when there is strong buying pressure #solana $SOL #Square $SOL