Ethereum and Solana Received Positive Volume! Investor's Staking Activity Increase
2025-06-02
Ethereum (ETH) and Solana (SOL) are showing resilience. Despite the lack of clarity from the U.S. Securities and Exchange Commission (SEC) over proposed staking-based ETFs, investor activity on both networks has strengthened.
Particularly in recent weeks, on-chain data reveals that confidence in these two major blockchain platforms is not only intact but growing, as seen through a rise in staking activity and social engagement.
Staking Grows While Regulatory Silence Persists
The crypto market has been anticipating a decision from the SEC regarding applications for staking-focused exchange-traded funds (ETFs) filed by REX Shares and Osprey Funds.
These applications aimed to bring ETH and SOL staking products to traditional investors, but the SEC has raised concerns. Specifically, the agency questioned how staking rewards are structured and whether the products meet transparency requirements.
While this regulatory hesitation has delayed progress on the ETFs, it has not discouraged participants on the Ethereum and Solana networks from increasing their staking activities.
This suggests that investors still see strong potential in staking mechanisms as reliable ways to earn rewards and support blockchain security.
Read more about Solana (SOL):
Solana (SOL), Market Cap, Price Today & Chart History
SOL to USD: Convert Solana to US Dollar
Ethereum Maintains Consistency in Staking Participation
Ethereum, the largest smart contract platform, continues to show steady staking growth. Though this recent news cycle has been more focused on Solana, Ethereum’s staking metrics remain healthy.
With the transition to a proof-of-stake (PoS) system now fully implemented after the Merge and Shapella upgrades, ETH staking is viewed as a foundational activity within the network.
Despite the absence of a final decision on staking ETFs, ETH stakers seem unfazed. They continue to lock up assets in validator nodes, which strengthens network security and supports the broader ecosystem.
This consistency in participation signals confidence in Ethereum's long-term roadmap, regardless of ETF developments.
Solana Defies Uncertainty with Whale Activity
Solana, often compared with Ethereum for its high-speed transactions and growing decentralized application ecosystem, has recently shown notable strength.
A particularly significant on-chain transaction revealed that a whale staked 4 million SOL—valued at approximately $621 million—into a single validator.
What makes this even more noteworthy is that the validator involved is running Jump Crypto’s latest Firedancer client, a high-performance validator software designed to enhance Solana’s scalability.
This upgrade demonstrates technical progress and growing institutional trust in Solana’s long-term vision, especially among large stakeholders.
Social Sentiment Supports the On-Chain Trends
Alongside the on-chain activity, Solana has also experienced a surge in social engagement. Data shows that in a 24-hour period, the number of online mentions of Solana rose by over 37,000, reaching a one-month high.
This spike in conversation signals a renewed public interest and positive sentiment within the broader crypto community.
Social metrics, often used as early indicators of market momentum, can reflect real investor enthusiasm. The rise in both technical upgrades and online discourse suggests that Solana is gaining traction, not just among developers and investors, but also in public perception.
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Read more about Ethereum (ETH):
ETH to USD: Convert Ethereum to US Dollar
Ethereum (ETH), Market Cap, Price Today & Chart History
Frequently Asked Questions (FAQ)
Q: What is staking in crypto?
A: Staking is the process of locking up cryptocurrency tokens to help support the security and operations of a blockchain network. In return, participants earn rewards.
Q: What are the limitations of Solana?
A: Solana programs have a limited "call stack depth" (max 64 frames), meaning if a program tries to do too many steps at once, it will hit an error.
Q: Can you refund Solana?
A: Yes, any Solana wallet can be used to issue refunds. However, refunds might fail if the merchant's Solana wallet doesn't have enough funds.
Q: What do you need to know about Solana?
A: Solana is a crypto computing platform designed for very fast and low-cost transactions without sacrificing decentralization. It uses a unique "proof of history" mechanism, and its native cryptocurrency, SOL, is used for transaction fees and staking.
Q: Will Ethereum reach $10,000?
A: While unlikely to reach $10,000 in the next year, Ethereum is expected to hit this mark by the end of 2028 due to blockchain development and increased demand. Some analyses suggest it might even reach $10,000 in 2025.
Q: Why Ethereum is not a good investment?
A: Some market analysts argue that Ethereum's underperformance is due to too many new tokens being created and layer-2 networks taking value away from the main blockchain. They also point to declining transaction activity, user growth, and revenue as reasons why it might not be a good investment. However, other sources mention its strong ecosystem and continued development as positives.
Q: Is 100k Ethereum possible?
A: It's not realistic to expect Ethereum to reach $100,000 before 2030. However, it might hit $100,000 after 2030 if market conditions are favorable. Many experts believe it will exceed $10,000 well before 2030.
Disclaimer: The content of this article does not constitute financial or investment advice.
