Ethereum Validators Achieve Record Earnings - Coinleaks
Current Date:September 21, 2024

Ethereum Validators Achieve Record Earnings

Ethereumvalidators in the first week of May due to the increase in staking rewards rate. 46 million dollarswon.

According to the data, validators in total 24,997 ETH won. Compared to the previous week’s revenue of $33 million, when 18,339 ETH was distributed as a reward 40 percent There appears to be an increase of . The recent spikes of the new memecoin PEPE are thought to be the reason for the increase in validator rewards.

Ethereum Average Fees Outperform 100Gwei

Average fees on the Ethereum network exceeded 100gwei last week, reaching the highest level since May 2022.

As gas fees increased, users began paying over $30 per trade, resulting in higher returns for validators from transactions and regular validator rewards. Beaconcha.InTheir data states that the current stake rate meets the expected annual return for validators.

To be included in the network’s consensus procedure, validators in Ethereum need to 58,000worth at least a dollar 32 ETHthey have to deposit.

However, validators won and ETH Store There are two types of reward systems defined by These can be shown as consensus rewards for recommending and confirming blocks, and transaction fees for confirming transactions on the Ethereum network.

In addition to these, according to another interesting data, Ethereum’s MergeAnd shapellaAfter the update, staking transactions attracted great interest from institutions.