Solana's Staking Market Cap Surpasses Ethereum .
Solana's staking market capitalization recently surpassed Ethereum's, reaching $53.96 billion compared to Ethereum's $53.77 billion, according to Nansen CEO Alex Svanevik. This milestone indicates growing confidence in Solana's network security and potential staking rewards, with approximately 65% of all SOL tokens staked on-chain. Solana's price surged to around $137, driven by increased adoption and network activity, with its stablecoin market capitalization hitting a record $12.73 billion. The development has sparked interest among traders and investors, with some analysts predicting further growth, potentially reaching $150 by the end of April or even $200 or higher in the long term.
1. Cryptonewsmax.com
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