Staking offers traders and investors a chance to earn passive income with their assets. Only tokens on the proof-of-stake platforms can be used for staking, with Ethereum, Solana, and Cardano as the most popular.
Ethereum
Staking is a popular way to earn passive income while holding your tokens. You can take your assets in blockchains that rely on the proof-of-stake consensus mechanism, such as Ethereum and Solana.
The crypto industry is waiting for the US Securities and Exchange Commission to approve the applications to launch the spot Ether ETFs. Nasdaq and NYSE have filed applications to list spot Ether ETFs.
The Binance Coin (BNB) is the native token for the Binance cryptocurrency exchange. BNB was initially launched as an ERC-20 token, and it's primarily used to pay for fees or get discounts on the Binance Exchange.
Staking in crypto is a popular activity for investors looking to earn a passive income.