🚀 Skyrocketing SUI TVL, Ethereum update, and more…

Hello Stakin Community! 👋

November is over, and it’s time to give you the latest news:

SUI TVL Soars: We dive into the factors behind this impressive surge
Ethereum’s Pectra Upgrade: What it means for the ecosystem;
New staking guides: Step-by-step instructions to earn rewards!

Skyrocketing SUI TVL: Is SUI the next Solana?

The Total Value Locked (TVL) on the Sui Network is experiencing an explosive growth trajectory, now surpassing $1.4 billion. This milestone reflects increasing adoption and a surge in DeFi activity within the ecosystem.

Notably, stablecoins make up ~$350 million of this value, with the newly introduced native USDC further bolstering Sui’s DeFi ecosystem. With daily trading volumes nearing ~$200 million, the network is solidifying its position as a top-performing blockchain in 2024. For a deeper dive into the on-chain metrics driving this growth, check out our analysis:

Read our Sui Metrics Report

Ethereum’s Pectra Upgrade: the next big update

The Ethereum network is preparing for one of its most significant updates since The Merge, with its upcoming “Pectra” upgrade. Originally conceived as two separate upgrades — Prague and Electra (Prague+Electra=Pectra!) — this comprehensive enhancement has evolved into what could prove to be a transformative development for the Ethereum ecosystem. Scheduled to begin implementation in early 2025, the Pectra upgrade represents an intriguing step forward in Ethereum's ongoing journey toward greater scalability, improved user experience, and accessibility. Learn more about it:

Ethereum's Pectra Upgrade: An Overview

Stakin launched Chromia node - How to earn CHR

We're thrilled to announce we now support Chromia as a node provider. Chromia is a Layer-1 relational blockchain that allows to build and deploy dApps suitable for mass-scale and real-world use cases. When you stake $CHR, you contribute to the security and stability of the network. Follow our guide below:

How to Stake Chromia (CHR) with MetaMask on BNB Chain

Staking launched Grass node - How to earn $GRASS

Grass is a network that empowers people to earn rewards simply by sharing their unused internet bandwidth, by turning it into a passive income. This approach allows individuals to regain control, benefiting directly from corporations that rely on additional bandwidth for tasks like local price checks, ad verification, and academic research.

How to Stake Grass with: