Ethereum Validators Earn $46M as Staking Surges

The post Ethereum Validators Earn $46M as Staking Surges appeared first on Coinpedia Fintech News

Validators earned $46 million in the first week of May due to the higher staking rewards rates. They received 24,997 Ether, a 40% increase from the previous week’s $33 million earnings with 18,339 ETH rewards. Pepe meme coin trading causes high Ethereum fees, with rising gas fees. Users are paying $30 per swap, boosting validators’ fee income alongside regular rewards.