ChainCatcher reported that according to The Block, the 7-day moving average (7DMA) of Ethereum’s daily staker income has dropped to $5.44 million, the lowest level since mid-February. The decline in this indicator means that stakers have received less income from participating in the network, which may be affected by factors such as reduced network activity, resulting in fewer transaction fees paid.
Ethereum staker income refers to the rewards and benefits received by participants in the Ethereum Proof of Stake (PoS) consensus mechanism for validating transactions and securing the network. This income is usually generated through block rewards and transaction fees, which are distributed proportionally based on the amount of ETH they stake.
In addition, the 7DMA of Ethereum network transactions is also close to the level of February 2024, with only 1.15 million transactions on Friday, September 13, down about 13% from the annual high in March. At the same time, the 7DMA of Ethereum on-chain transaction volume has also been hovering around the level of February, at only $2.83 billion, down about 60% from the annual high in March and about 56% from more than a month ago.
