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SOL officially surpasses ETH in Staking capitalization
Solana (SOL) surpasses Ethereum (ETH) in staking capitalization (54 billion USD compared to 53 billion USD), indicating community trust and a high staking rate (77% of SOL's market capitalization compared to 27.9% of ETH).Although the market capitalization of SOL (70 billion USD) is much lower than that of ETH (190 billion USD), SOL demonstrates economic efficiency in attracting staking capital.On the negative side, SOL's high staking rate could reduce liquidity, causing price volatility. But on the positive side, the higher amount of SOL being staked also helps reduce the circulating supply of SOL, making it easier for buying pressure to influence the price.
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