• Wed. Nov 27th, 2024

Ethereum Now Has More “Hodlers” Than Bitcoin Thanks to Staking

Dec 1, 2023

Ethereum staking is minting a record amount of "hodlers," with the ratio of long-term owners surpassing Bitcoin's.

ETH held by addresses for longer than 12 months — or what IntoTheBlock calls the "Hodler Ratio"– is at almost 72% of total ETH holders, the highest since at least October 2018, the data show.

Ethereum's "Hodler Ratio" crossed Bitcoin's in October, after surpassing it for the first time ever in August.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io


#undefined
[Source: TheDefiant]

Related Post