Crypto Island

The income of the stake holders has been gradually decreasing since March, reflecting a decrease in online activity and a general decrease in enthusiasm in the market.

The September revenue of $174 million for stake holders is significantly higher than the $35.5 million received from transaction fees, which highlights the significant dependence on block subsidies.

Despite declining revenues, the validator landscape continues to expand. Ethereum now has 1.09 million validators, demonstrating its growing involvement in network security. This increase in the number of validators occurs even with a decrease in individual rewards, which indicates continued faith in the long-term prospects of Ethereum.

The income of the stake holders has been gradually decreasing since March, reflecting a decrease in online activity and a general decrease in enthusiasm in the market.

The September revenue of $174 million for stake holders is significantly higher than the $35.5 million received from transaction fees, which highlights the significant dependence on block subsidies.

Despite declining revenues, the validator landscape continues to expand. Ethereum now has 1.09 million validators, demonstrating its growing involvement in network security. This increase in the number of validators occurs even with a decrease in individual rewards, which indicates continued faith in the long-term prospects of Ethereum.

https://www.theblock.co/post/321613/ethereum-staker-revenue-drops-30-since-march-peak-as-onchain-activity-slows