Ethereum Staking: Current State and Performance of ETH Token 

Ethereum Staking: Current State and Performance of ETH Token 

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Ethereum, the second biggest cryptocurrency by market cap after Bitcoin, enables users to make transactions, hold digital assets, and earn interest. 
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Ethereum staking allows ETH owners to earn rewards by simply holding the digital assets, gaining 4-8% Annual Percentage Yield (APY). 
Ethereum, a home to digital money, global payments, and applications was introduced in July 2015 by Vitalik Buterin. A decentralized blockchain with smart contract functionality, powered by Ether token (ETH) allows individuals to make transactions. 
Surprisingly, you can also earn passive income through Ethereum staking. Let’s explore how.        
What is Ethereum Staking?
Certain digital assets including Ethereum allow staking, offering traders and investors a way to earn rewards by simply holding ETH. 
Staking is the process of earning rewards for holding specific cryptocurrencies for a set period of time and involves committing the digital assets to suppo

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