Galaxy DeFi Director: Solana on-chain assets can be unstaked in just 2 days, much faster than Ethereum
the number of ETH pledges exiting the Ethereum PoS network has exceeded 2.6 million. Marcantonio, head of Galaxy's decentralized finance business, stated on X platform that the situation of the Ethereum network is unsettling. It is still unclear how a network that takes 45 days to return assets can become a suitable candidate to drive the next era of the global capital market. Assets on the Solana chain can be unstaked in just 2 days. Not only that, SOL has a higher staking yield, currently around 7-8%, compared to ETH's 3-4%. If the BMNR treasury reaches $9 billion, it can generate approximately $300 million in net income annually from staking.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
CandyBomb x US: Trade to share 5,400,000 US
[Initial Listing] Bitget to list Almanak (ALMANAK). Grab a share of 4,200,000 ALMANAK
