While the USD-denominated value of Solana's staking ecosystem hits $70 billion, cryptocurrency enthusiasts are guessing whether its economics are safer than those of its key rival Ethereum .With the aggregated staking value of $70 billion in equivalent, Solana's economic security is getting close to that of Ethereum . At the same time, this indicator remains one of the main catalysts for L2 choosing Ethereum , Jun Soo Kim of Apybara staking platform says.
Solana's staking scene is heavily concentrated: A large portion of locked SOL belongs to either Solana Foundation or associated VC firms.
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Source: Utoday_en - 🏆 295. / 63 Read more »
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