Ethereum

TRON

<p>Recent data from PHOENIX, a leading crypto media source, reveals the top blockchain projects based on the total value of staked tokens in USD. This metric is a critical indicator of investor confidence and engagement within these networks.</p><h2 id="header-0">Ethereum Dominates with $88.4B in Staked Tokens, Leading the DeFi Market</h2><p><a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> is leading the list which has a staggering $88.4 billion worth of staked tokens. This number shows that Ethereum occupies a leading position in the <a href="https://blockchainreporter.net/defi-decentralized-finance/" rel="noopener noreferrer nofollow">DeFi</a> market and is actively used both by developers and investors.</p><p>Solana (SOL) comes next, with $58.7 billion held in staked coins. Solana has garnered considerable adoption due to its application in fast transactions and comparatively lower costs than its leading counterparts; therefore, dApps and stakers favor it. This large amount of staking value proves the expansion of the network and the confidence the community has in this platform.</p><p>Now in the third position is Cardano (ADA) which has $7.06 billion staked. Cardano has achieved high staking value based on the research-oriented project and its high-impact and large-scale community backing. These upgrades persistently get integrated, and the constant evolution of the platform prompts more staking activity.</p><h2 id="header-1">Sui and TRON Among Top Stakers with $7B and $5.7B in Locked Value</h2><p>Other notable ones include Sui (SUI) and TRON (TRX) occupying the seventh and the eighth place with $7 billion and $5.7 billion worth of staked tokens. Both have been experiencing growing traffic and TRON specifically emerged as the primary place for storing stablecoins and sharing decentralized content.</p><p>In addition to above, there are some others which include Avalanche (AVAX) with regard to $5.3 billion, Aptos (APT) with $4.9 billion, Polkadot (DOT) with $4.1 billion. They are some of the prominent platforms with constantly increasing staked token values in the crypto space.</p><p>Lastly, there are such projects as Near Protocol (NEAR), Polygon (MATIC), Cosmos (ATOM) that have more than a billion dollars staked. These figures point out that there is a competitive and vast blockchain market with different platforms enjoying a decent inflow of investors’ attention made through staking, as indicated by <a href="https://www.phoenix.global/" rel="noopener noreferrer nofollow">PHOENIX</a>. These are values that will be used to measure the health and change of these ecosystems over time as the market develops.</p>

PHOENIX Data Highlights Competitive Landscape in Staking, Ethereum Leads

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