The latest update points to a sharp year-over-year decline in Ethereum staking returns during the second quarter, highlighting weaker onchain income for holders seeking passive rewards.
Ethereum yield fell to 2.68% in Q2, marking a 61% decline from a year earlier. The drop indicates that staking (locking crypto to earn rewards) on Ethereum generated materially lower returns for token holders than it did in the same period last year. Lower network yield can matter for investor demand because staking rewards are a core source of onchain income for long-term ETH holders.