Bitwise reports record Ethereum staking, lower yields and rising Solana activity
Bitwise reported that Ethereum staking reached a record 43.8 million ETH in the third quarter, nearly 36% of supply. Staking yields fell to 2.63%. Solana staking also hit a record 440.5 million SOL.
Bitwise's third-quarter review found that the amount of Ether committed to staking climbed to 43.8 million tokens. That represented close to 36% of the asset's total supply, according to the report.
The same report put the staking return on Ether at 2.63%. It also noted a high-water mark for Solana staking, with 440.5 million SOL committed.
Changes in staking participation and yields could affect crypto holders, validators, and platforms that rely on staking services. Lower yields may influence whether individuals keep assets staked or seek other uses, while record participation could shape network security and liquidity. Broader society may feel these effects indirectly through crypto-linked products and market sentiment, though the scale and direction remain uncertain.