It will be soon possible to carry out Ethereum staking. Hence, the community is getting more and more interested in this type of investment. But Ethereum is not really a pioneer since it is already possible to stak many cryptocurrencies. So let me present you a ranking of the 5 most staked cryptocurrencies.
#5 Nem (NEM)
I don't think NEM is a well-known crypto project, but it is still in 5th place with $ 156 million staked. This project was launched in 2015 and we probably find it as high in the ranking because NEM staking was available very early. It had experienced an interesting development at the start of the year (+ 25%) but the COVID crisis did not spare it and NEM is not recovering very well. Nevertheless, it will be interesting to continue to follow this project closely.
#4 Tron (TRX)
I’m sure you already know Tron. Well, he’s our fourth. This project managed to get an honorable score of $ 287 million staked and it made it in spite of the numerous criticisms it received. There is no doubt that it is staking that allows this currency to still rank that well in terms of capitalization. In the coming months, It will be interesting to observe if Tron will manage to overcome the difficulties it has faced.
#3 Cosmos (ATOM)
I'm following Cosmos project closely so it is not really a big surprise for me to find it at the 3rd place. It manages to display the sum of $ 371 million staked. Like NEM, ATOM token had succeeded in breaking into the market at the end of 2019 at the beginning of 2020, but it also struggled to recover from the COVID crisis. Since then, its ascent seems to resume calmly and it should be watched closely in my opinion because it has a lot of potential.
#2 Eos (EOS)
Okay, so let's get down to business with one of the most controversial tokens of the moment. If you have read my article (here), you are probably aware that the developers are gradually leaving the EOS blockchain to move towards other more ambitious projects. Nevertheless, it still manages to fare well and displays a score of $ 1.4 billion staked. The gap is huge with his pursuer but we can still wonder if he will not be caught soon ? In my opinion, EOS will be out of the top 10 of the capitalization shortly.
#1 Tezos (TZX)
It seems that Tezos is finally winning this contest for now. He leads the ranking with 1.49 billion dollars staked. It is not very surprising to find it so highly ranked since TZX has been very successful for a while now. The project has an impressive scalability and I must say that I don't think it will stop there.
It is certain that staking has a bright future ahead of it since its popularity is only increasing and it enjoys a reputation for low-risk investment. However, it is important to be well informed about the methods of staking different cryptocurrencies because as always in the world of cryptocurrencies, knowledge is power.
Thanks for reading, have a nice day, be safe.