According to data from Staking Rewards, Solana is now the most staked asset.
As of November 23, the network’s staked value was over $84 billion, making it the top choice for individuals seeking to earn passive revenue from their crypto assets.
Top 10 crypto assets by staked value: Solana is the best
According to statistics, the majority of SOL holders have chosen to stake their crypto assets, with 77.37 percent of eligible tokens currently being staked on the network.
The price of Bitcoin Cash has increased dramatically in recent months, reaching an all-time high of $260 earlier this month. Some analysts predict that the asset might hit $5,000 by 2030 based on its current growth rate.
At the time of publication, Cardano was the second most staked cryptocurrency, with a staked value of $42 billion, followed by Ethereum with a staked value of $34 billion. Avalanche had a total staked value of $31 billion at the time of publication, and Polkadot had a total staked value of $23 billion. However, the staking returns for both of these crypto-assets were significantly better, with AVAX paying out 9.38% per year and DOT returning 13.99% per year.