MetaMask has joined the class of other Ethereum staking platforms that allow retail staking. Will this impact the volume of staked ETH?staking has gained popularity ever since the network transitioned from Proof of Work to Proof of Stake . Numerous platforms have been offering staking services for retail stakers, and recently, MetaMask has joined the fray by providing its staking services.announced that MetaMask is launching a pooled staking feature for its users.
Lido, for instance, offers stETH in return for staked ETH, allowing holders to use stETH for additional activities. The option was not part of the ConsenSys offering. Also, according to their announcement, this service will not be available in the US and UK.The data revealed that it currently manages approximately 101,000 ETH and operates around 3,000 validators.
Further analysis showed that over 33 million Ethereum has been staked as of this writing, representing 27.56% of the total ETH supply. The study also indicated that Lido holds a 28.76% share of the staked volume. This equates to about 9.5 million ETH staked with Lido, supported by around 297,000 validators.Analysis showed that although the total value of Ethereum staked has been increasing, the number of new stakers has been declining.The chart indicated that as of 9th June, the number of new daily depositors was over 3,700. As of this writing, the number has dropped to around 540.Adewale is a full-time journalist at AMBCrypto.
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