TokenPost.ai
Staking markets remained broadly risk-off this week, with most major networks seeing declines in staked market capitalization even as a handful of ecosystems attracted selective inflows on the back of improving yields and rising participation. The standout was BNB Chain, where estimated annual rewards surged nearly tenfold over the past seven days—an outlier move that contrasted sharply with the wider market’s cooling activity.
According to data compiled by Staking Rewards and reviewed on April 2 UTC, Ethereum (ETH) удержed the top spot by staked market cap despite a weekly decline. ETH’s staked market value fell 2.1% week over week to $80.24 billion, underscoring a mild pullback in the largest proof-of-stake ecosystem by value. Solana (SOL) remained second at $33.43 billion, but its staked market cap dropped 13.03% over the same period, pointing to an ongoing short-term rotation away from higher-beta networks.
BNB (BNB) ranked third with a staked market cap of $15.38 billion, down 6.73% on the week, but it regained its place in the top tier after overtaking Hyperliquid, which fell 11.22%. Among the major assets tracked, Tron (TRX) was the only one to post a weekly gain, edging up 0.98% while most competitors recorded steeper drawdowns. Avalanche (AVAX) posted the largest decline at 14.05%, followed by Bittensor (TAO) at 13.14% and Solana at 13.03%.
Participation indicators painted a more nuanced picture. By staking ratio—staked supply relative to circulating supply—Bittensor led at 76.55%, followed by Sui (SUI) at 74.92% and Solana at 68.13%, suggesting these networks maintain comparatively tight liquid float due to high token lock-up. In terms of active staking wallets, Solana ranked first with roughly 1.46 million wallets, ahead of Tron at 1.28 million and Ethereum at about 827,200. Notably, Bittensor and Avalanche each recorded weekly wallet growth in the 4% range, signaling expanding engagement even as headline staked valuations fell.
Yield dynamics also diverged sharply across chains. On a realized basis, BNB Chain posted the highest ‘effective yield’ at 17.18%, up 11.29 percentage points from the prior week—a jump that helped explain the renewed attention to its reward profile despite the decline in staked market cap. Avalanche followed at 3.28%, with Bittensor at 2.93% and Tron at 2.81%. Ethereum’s effective yield stood at 1.93%, while Solana’s was 1.55%. Sui remained in negative territory at -1.5%, indicating that net returns—after adjustments such as inflation or other offsets commonly reflected in realized-yield models—still fail to compensate stakers on the same basis as peers.