1090. Ethereum Staking Rewards Rise To 8% | Crypto News Round-Up

May 18, 2023 · 29m 52s
1090. Ethereum Staking Rewards Rise To 8% | Crypto News Round-Up
Description

Validators earned $46 million in the first week of May due to an increase in the staking rewards rate, which is a metric for validators’ annualized yield. The recent trading...

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Validators earned $46 million in the first week of May due to an increase in the staking rewards rate, which is a metric for validators’ annualized yield. The recent trading craze of a new memecoin called Pepe (PEPE) is the reason behind the increased rewards for validators. In the past week, the average fees on the Ethereum network have exceeded 100 gwei, marking the highest level since May 2022. Are we about to see another crypto & metaverse boom?
~This episode is sponsored by iTrust Capital~
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Author Rever Networks
Organization Rever Networks
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