Cryptocurrency Staking is Growing by 75% Per Year
Cryptocurrency staking, which many people call "cryptocurrency deposits" with a certain stretch, obviously deserves to grow in popularity as a convenient and simple type of investment. And its popularity is indeed growing, but by how much? Here are official statistics on the growth of the staking segment.
Why is Staking Popular?
Cryptocurrency staking as a segment of earnings in the digital money market continues to grow steadily. Official statistics confirm that more and more users trust their investments to staking (What is cryptocurrency staking?).
This is absolutely logical, because staking, as one of the types of crypto investments, firstly, has much lower risks compared to trading, secondly, does not require knowledge and experience for independent trading and thirdly, is capable of bringing a higher percentage of income compared to the usual holding of cryptocurrencies in anticipation of their price growth.
Official statistics say: as of the end of 2024, the cryptocurrency staking industry is showing significant growth. According to exchanges and services, the total capitalization of the staking market in December 2024 reached 481.2 billion US dollars.
Leaders in terms of staked assets:
- Ethereum (ETH): $87.9 billion
- Solana (SOL): $52.4 billion
- Lido Staked ETH: $25.4 billion
- Wrapped stETH: $16.1 billion
- Cardano (ADA): $9.63 billion
Liquid Staking Segment
The liquid staking segment is also showing impressive growth. In November 2024, the volume of participating funds in this sector reached the equivalent of $59.29 billion, showing an impressive growth of 25.9% in just one month and 75% since the beginning of the year!
The Largest Liquid Staking Protocols Are:
- Lido: $32.71 billion.
- Jito: $3.27 billion.
- Rocket Pool: $2.48 billion.
Restaking Volume Growth
Restaking protocols are also not far behind in gaining popularity. By December 2024, they have attracted more than $25 billion in assets, and the total value locked (TVL) reached $30 billion.
The Leaders Among Restaking Protocols Are:
- EigenLayer: TVL $15.07 billion.
- Babylon: TVL $5.48 billion.
- Symbiotic: TVL $2.22 billion.
These figures reflect the growing interest of investors in staking and related technologies, which contributes to the development and strengthening of the cryptocurrency market. And it is quite obvious that the trend towards increasing popularity and volumes of staking as a way to earn money on cryptocurrencies will continue in the future.