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An analysis of staking networks

by John Dantoni

September 5, 2019, 4:24PM EDT  ·  3 min read

Quick Take

  • Companies and investors continue to cater to a staking ecosystem that has $4.8 billion taking part
  • Over the past three months, we have seen a 48% decrease in the value taking part in staking, which can be attributed to investors fleeing to Bitcoin or newer staking tokens declining in value, while still in price discovery mode
  • EOS once represented 42% of the total value involved in staking, however that has now declined to about 30% as more networks have gone live

by John Dantoni

September 5, 2019, 4:24PM EDT  ·  3 min read

The blockchain ecosystem evolves at a rapid pace, constantly latching on to new narratives whenever it sees fit. Over the past year, staking protocols have been a hot commodity. We have witnessed the launch of highly anticipated staking protocols such as Cosmos and Algorand. 

Other than the release of newer staking protocols, companies and investors have been laying down the framework to support these assets.