Exciting developments are taking place in the world of Ethereum and Bitcoin staking! 🎉 Ethereum saw a 1.49% increase in the number of validators despite market uncertainty. However, price fluctuations and low rewards slowed growth. Still, innovations such as the use of ERC-20 tokens as staking collateral are drawing attention.
Bitcoin, on the other hand, made a rapid entrance into the staking scene! The Babylon protocol reached the 1,000 BTC deposit limit in just four hours. This move has sparked competition among Bitcoin layer-2 networks. Platforms like Core and Lombard are offering opportunities for BTC holders to earn. 🚀