Staking Industry Research & Insights

The State of Staking is a quarterly analysis of key trends, metrics and developments driving the growth of the staking industry

Q3 2023

Q2 2023 marks the 1-year anniversary of the LUNA / UST implosion, during which the total crypto market cap dropped below $1TN. Despite high profile, far reaching lawsuits filed by the SEC against Coinbase and Binance in early June, crypto markets were flat on a quarterly basis, and up 35% from the LUNA nadir a year ago.