There are big differences between Ethereum and Polygon staking! 🎢 Ethereum’s staking ecosystem is controlled by the top 10 stakers by 47-48%. This raises concerns about centralization.
Polygon has a healthier distribution. The top 10 stakers increased their stake from 20.4% to 24%, which means more decentralization.
Ethereum’s total staked ETH increased from 27.2 million to 34.7 million between 2023-2024. This increase was supported by events such as the SEC’s potential ETF approval and the successful Shanghai update. 🚀