Ethereum staking touches new heights of growth in 2023 powered by...
Liquid staking commanded 36% of the total ETH staking market share.staking began in December 2o2o, providing an opportunity for investors to lock up their holdings and earn passive income on the same. The interest was fueled by the rising graph of the crypto market where ETH like other cryptos, was hitting new all-time highs on a daily basis.Cut to 2023 and ETH has tumbled more than 60% from its peaks.
. On a YTD basis, the total value locked in liquid staking protocols shot up by 144% to $21,6 billion at press time.
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