Ethereum (ETH) annual staking rate of return (APY) reached its highest level after 3 months.
on April 12 Shanghai With the realization of the upgrade, millions of Ethereum users became withdrawable. With the lifting of the locks, the number of Ether removed from staking in the first days annual rate of return since the beginning of May, although serious One increase seen.
When examined in line with expert opinions, the most important reason network in the last few days. busy process from traffic originates. Especially during the past week or two. Pepe Coin (PEPE) The bull season of meme tokens, especially in the first place, caused a definite increase in transaction fees and on the network. to validators increased the need for (verifier). This increase in need also reflected positively on the fees paid to network validators.
The annual rate of return, which has reached a record high in recent periods, 5th of May on 8.6%he saw . APY, at the time of writing 6.8% positioned in the band. Increased APY rate, Ethereum validator This means that users with higher returns will earn more Ethereum-denominated returns on an annual basis.
In total since Shanghai update 2.48 million ETH when withdrawing from staking 2.71 million ETH to stake if locked. Ethereum network Proof of Work (PoW) from the mechanism Proof of Stake (PoS) The staking service, which has a critical position with the passage of time, ensures both the security of the network and its smooth operation.
Within 24 hours, according to CoinGecko data 0.1% valued ETH, at the time of writing 1,850 traded in dollars.
