Capitalization of PoS altcoins fell to $254b
The total market value of cryptocurrencies using the proof-of-stake consensus algorithm decreased by 7% at the end of Q3 to $254 billion. Such estimates are provided by the Kraken-related platform Staked. According to experts, the market share of such coins decreased by 2% to 22%. Ethereum (ETH) dominance in this segment – by 1%, to 79%. Source: Staked “ The lack of near term catalysts, regulatory uncertainty, and macro challenges left markets in a holding pattern. “ Staked report The value of assets locked in staking increased by 3% to $74b. Annualized rewards in value terms decreased by 7%, to $4.1b. The profitability of such operations amounted to 10.2%, which is 0.4% less than in Q2. Source: Staked The share of blocked coins from their current supply reached a record 52.4% (49.3% in Q2). The leaders in this regard were Aptos (84.1%), Sui (80.5%), Mina (77.6%), Solana (71.9%) and Cosmos (67.6%). The median value among the top 35 coins was 52.6%. ...