Cryptocurrency Q&A What percentage of Solana is staked?

What percentage of Solana is staked?

Maria Maria Fri Oct 18 2024 | 7 answers 1518
I'm wondering about the staking situation of Solana. Specifically, I want to know what proportion or percentage of Solana is currently being staked. What percentage of Solana is staked?

7 answers

benjamin_stokes_astronomer benjamin_stokes_astronomer Sun Oct 20 2024
Staking, as a mechanism, is designed to encourage the long-term holding of tokens and support the security and stability of the network.

Was this helpful?

363
87
AltcoinAdventurer AltcoinAdventurer Sun Oct 20 2024
By staking their tokens, investors contribute to the network's consensus mechanism, helping to verify transactions and secure the blockchain.

Was this helpful?

333
70
Enrico Enrico Sun Oct 20 2024
The current state of cryptocurrency staking reveals an intriguing trend, with a significant portion of available tokens being staked.

Was this helpful?

150
62
KatieAnderson KatieAnderson Sun Oct 20 2024
Specifically, 66.81% of the tokens that are accessible for staking have already been committed to the staking process.

Was this helpful?

92
47
Eleonora Eleonora Sun Oct 20 2024
Among the various cryptocurrency exchanges that facilitate staking, BTCC stands out as a top player in the industry.

Was this helpful?

175
90
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts