[Staking ranking] Top 10 slide as one-year returns diverge

Staking market capitalization fell across all 10 leading assets, with Sui posting the steepest weekly decline at 12.4%. One-year total returns ranged from a 98.79% gain for Hyperliquid to a 67.34% loss for Cardano.

Leading staking assets weakened broadly, while sharp differences in long-term returns highlighted a divided market.

As of Oct. 15, Ethereum ranked first by staking market capitalization at $103.65 billion, down 6.97% from a week earlier.

Solana placed second at $44.79 billion after falling 10.19%, while Hyperliquid ranked third at $34.75 billion, down 7.83%.

BNB Chain was fourth at $17.37 billion, down 9%, followed by Tron at $14.56 billion, down 1.05%.

Sui recorded the largest weekly contraction at 12.4%, followed by Cardano at 10.72% and Solana at 10.19%.

Sui had the highest staking ratio at 70.73% of circulating supply, followed by Solana at 68.91% and Bittensor at 64.04%. Cardano stood at 56.6%, Hyperliquid at 46.27% and Tron at 46.18%.

Solana had the most staking wallets at 1,341,583, followed by Cardano with 1,253,168 and Ethereum with 820,589.

Ethereum's wallet count rose 20.35% from the previous week, while Sui's fell 2.6%. Most other assets showed limited changes.

BNB Chain led real reward rates at 5.89%. Tron registered 2.64%, NEAR Protocol 2.4%, Ethereum 1.69%, Solana 1.32% and Cardano 0.24%. Sui and Bittensor remained negative at -1.03% and -5.49%, respectively.

Ethereum had the largest estimated annual rewards at $2.67 billion, followed by Solana at $2.25 billion. Hyperliquid recorded $786.48 million, Tron $473.81 million and NEAR Protocol $137.11 million.

Estimated annual rewards increased 16.08% for BNB Chain and 3.04% for Bittensor over the week. They declined 12.59% for Sui, 12.07% for Solana and 10.66% for Cardano.

Bittensor offered the highest annual staking ROI at 14.5%. Solana followed at 5.9%, NEAR Protocol at 5.08%, Tron at 3.25%, Ethereum at 2.8%, BNB Chain at 2.67%, Hyperliquid and Cardano at 2.25% each, and Sui at 1.66%.

On a 365-day basis, including price movements and staking rewards, Hyperliquid delivered the highest total ROI at 98.79%. NEAR Protocol was the only other positive performer among assets with available data, returning 97.19%.

Cardano posted a total ROI of -67.34%, followed by Sui at -64.61%, Solana at -46.69%, Ethereum at -40.99%, BNB Chain at -37.65% and Bittensor at -32.81%. For most assets, staking rewards were insufficient to offset price declines over the past year.

This article is based on market data and analysis and does not constitute investment advice.