In light of the increasing adoption of the technology, many investors are resorting to crypto staking to diversify their passive income sources.
In terms of the total value of crypto assets staked as of November 18, Solana is the most staked digital asset by value, with $82 billion staked on the network, corresponding to 77.37% of eligible tokens, according to Staking Rewards, a prominent data source for staking and crypto-growth tools that currently covers 261 yield-bearing assets.
Ranked second by the staked value is Cardano, currently over $44 billion, 70.68% of the total value. Ethereum 2.0, Polkadot, and Avalanche (AVAX) round out the top five crypto assets in terms of staked value.