Ethereum ($ETH) Validators Earn $46 Million in a Week Thanks to Meme Coin Frenzy

Ethereum ($ETH) Validators Earn $46 Million in a Week Thanks to Meme Coin Frenzy


CryptoGlobe
2023-05-11 02:00:00

In the first week of May, Ethereum validators saw their earnings surge to $46 million in a significant increase that can largely be attributed to the uptick in the staking rewards rate. The figure represents a 40% rise from the previous week’s earnings of $33 million, when 18,3339 $ETH were distributed in rewards. Over the