“Unprecedented Ethereum Staking Rewards Soar Post-Merge, Driven by Insatiable Memecoin Craze!”
Ethereum’s staking rewards rate reached a post-Merge record high of 8.6% this week, driven by a surge in on-chain gas fees caused by the recent memecoin trading frenzy. This increase in the staking rewards rate, which is a metric for the annualized yield of validators, has resulted in $46 million in total income for validators […]