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On April 20, Solana briefly surpassed Ethereum in total staked dollar value, sparking discussions about staking incentives and network security. The temporary lead highlights the growing competition between the two blockchain giants.
- Solana briefly surpassed Ethereum in staked value with $53.9 billion, driven by its higher yield (8.31% vs. Ethereum’s 2.98%).
- Critics argue Solana’s lack of slashing mechanisms weakens its economic security despite high staking participation (65%).
- Ethereum’s lower staking ratio (28%) reflects users seeking better returns in DeFi, highlighting differing network priorities.
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