Justin Sun, founder of Tron and a guy who absolutely wants you to know he's got money, just staked ETH worth nine figures.

Specifically, Sun just staked $100 million worth of ETH, which means, at today's rate, he'd be earning between $3M and $4M a year in staking rewards.

There are several ways of staking ETH, and you can basically do it with any exchange and/or by yourself with a wallet.

Staking rewards vary between 3 and 4 percent.

Ethereum has been quite sluggish against Bitcoin. It never recaptured its ATH of 2021, and is now trading at around $2,000.

Is it time to accumulate and stake or nah? The truth is, despite the rise of various rival chains, Ethereum is still the most used L1 blockchain across the board.

So only time will tell.