According to BlockBeats, recent data from Dune shows that there are currently 1,282,631,732 PYTH tokens in staking, with a total staking value exceeding $798 million. Notably, the number of PYTH stakers has decreased from 193,879 on February 27th to 191,361 as of today.
This decline in the number of stakers has not significantly impacted the overall staking value, indicating that the remaining stakers may be holding larger amounts of PYTH tokens. The staking of PYTH tokens is an essential aspect of the network's security and stability, as it helps maintain the integrity of the blockchain.
As the staking value remains high, it demonstrates the continued confidence of PYTH token holders in the project's future. However, it is essential to monitor the number of stakers and the overall staking value to ensure the network's ongoing security and stability.
