[Staking rankings] Top assets lose market value, with Ethereum down 15.24%

All 10 leading staking assets recorded weekly declines in staking market capitalization, with Ethereum posting the largest drop at 15.24%. Hyperliquid retained the strongest annual total return despite its weekly decline.

The figures showed broad declines in staking market value alongside wide differences in annual performance. Hyperliquid led total returns, while most assets remained negative over the year.

As of November 12, Ethereum ranked first by staking market capitalization at $89.86 billion, down 15.24% over the week.

Solana ranked second at $35.60 billion, down 13.57%. Hyperliquid placed third at $30.82 billion, a decline of 14.29%.

BNB Chain ranked fourth at $15.88 billion, down 7.33%, followed by Tron at $13.87 billion, down 0.56%.

Ethereum and Hyperliquid recorded the largest weekly declines in staking market capitalization, falling 15.24% and 14.29%, respectively.

Sui had the highest staking ratio at 70.72%, followed by Solana at 68.00% and Bittensor at 63.66%. Cardano recorded 56.64%, Tron 46.19% and Hyperliquid 46.20%.

Solana led by staking wallet count with 1,243,957, followed by Cardano with 1,241,047 and Ethereum with 798,894.

Avalanche's staking wallet count rose 15.57% over the week, while Bittensor's fell 99.39%. Changes among the other assets with available wallet data were comparatively small.

BNB Chain had the highest real reward rate at 5.70%. Avalanche recorded 2.87%, Tron 2.70%, NEAR Protocol 2.52%, Ethereum 1.66% and Solana 1.33%. Sui and Bittensor had negative rates of -0.88% and -6.73%, respectively.

Ethereum had the largest estimated annual rewards at $2.33 billion, followed by Solana at $1.83 billion. Hyperliquid recorded $694.67 million, Tron $451.80 million and BNB Chain $135.26 million.

Estimated annual rewards for BNB Chain rose 37.88% over the week. Bittensor's fell 33.42%, Ethereum's declined 15.79% and Sui's dropped 14.13%.

Bittensor led annual staking ROI at 13.69%. Avalanche recorded 6.68%, Solana 5.79%, NEAR Protocol 4.77%, Tron 3.25%, Ethereum 2.80%, BNB Chain 2.43%, Hyperliquid 2.25%, Cardano 2.23% and Sui 1.64%.

Hyperliquid led 365-day total returns, which combine price changes and staking rewards, at 77.07%. NEAR Protocol returned 36.13%, while Tron also remained positive at 8.77%.

Cardano recorded a total return of -69.65%, followed by Sui at -60.88%, Avalanche at -48.99%, Solana at -45.74%, Ethereum at -41.52%, Bittensor at -36.27% and BNB Chain at -30.53%. For most assets, price losses outweighed staking rewards over the year.