Ethereum Staking Yields Surge as Validators Earn Over $1M in Daily Fees
• Ethereum network generates over $1 million daily in fees, up 35% from a year ago. Participants can stake ETH to earn yield as validators.
• Ethereum has transitioned to "proof of stake" validation, rewarding validators with protocol rewards and priority fees. This yields a "real yield" for investors.
• As number of validators increased, protocol rewards declined but transaction fees spiked during periods of high activity.
• Ethereum's native staking yield allows it to be seen as an "internet bond" with a compelling return.
• As institutional interest in ETH rises, products enabling fixed-yield ETH staking will likely grow in popularity.