The ETF plans to hold and stake TRX, the native token of the Tron blockchain, which currently offers an annual yield of about 4.5%, according to StakingRewards.com.
Staking News
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The proposal seeks to cut Aptos staking rewards from 7% to 3.79% over three months to boost capital efficiency.
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Hong Kong’s Securities and Futures recently changed its rules to allow certain entities to offer crypto staking in a bid to make the city a Web3 hub.
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Babylon Labs retweeted a post from Lombard Finance stating it was unstaking BTC as part of a transition to a new set of finality providers.
2439 - Altcoin Watch
The Solana network saw an uptick in deposits over the past week. Is this enough to sustain a rally toward $180?
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Soneium aims to solve the finality bottleneck limiting blockchain adoption by partnering with AltLayer and EigenLayer.
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The approval means HashKey can provide “ETH staking services for spot ETFs,” said HashKey’s managing director, Terence Pu.
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The chief investment officer at Kronos Research says the staker could be showing their long-term confidence in Solana, while others say it’s just a silly meme trade.
29195 - Altcoin Watch
Solana continues to make strides in DeFi, but a retest of the $200 level remains uncertain.
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Solana whales have sold nearly $50 million of recently unlocked tokens.
6018 - News
The growing BTCFi sector and potential interest rate cuts on the horizon may create more demand for Bitcoin as a productive, yield-bearing asset.
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Over $21 million in Bitcoin was unstaked from Babylon as early users claimed 600 million BABY tokens in the platform’s latest airdrop.
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It is the protocol's final step toward a complete implementation of its restaking model.
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As of March 4, Coinbase controlled 3.84 million ETH across 120,000 validators, accounting for 11.42% of all staked Ether.
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South Carolina has dismissed its lawsuit against Coinbase related to its staking services — joining Vermont in a move described by the firm as a victory for American consumers.
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