According to Decrypt, Ethereum's staking income is expected to exceed US interest rates in the next year, which may drive up Ethereum prices and attract investors' attention. Due to falling US interest rates and rising Ethereum transaction fees, market dynamics are expected to narrow the gap between Ethereum staking income and traditional risk-free interest rates in the coming quarters. Currently, Ethereum staking income is about 3.2%.
FalconX analysis points out that if the Fed continues to cut interest rates, it is expected that staking returns may turn positive by mid-2025, thereby enhancing its attractiveness. Although transaction fees are still lower than the peak of previous bull markets, the recent rise reflects the increase in blockchain activities, which may further increase staking returns. Institutional investors tend to obtain staking returns through regulated products, and the launch of related products still needs to wait for regulatory approval.