SharpLink Earns 492 ETH in Weekly Staking Rewards, Totals 7,067 ETH Since June
SharpLink reports nearly all of its Ethereum holdings are staked, generating over $1.1 million in total rewards since its staking program began in June 2025.
ETH
Summary
SharpLink announced in an official statement that its Ethereum staking program earned 336 ETH in rewards last week, raising cumulative rewards to 7,403 ETH, valued at approximately $1.1 million. The company stated that nearly all of its ETH holdings remain staked, continuing to generate income under its long-term commitment to Ethereum staking since June 2025.
Terms & Concepts
- ETH: Ethereum's native cryptocurrency used for transactions and staking on the Ethereum blockchain network.
- Staking: Locking cryptocurrency to support blockchain operations and earn rewards, typically through proof-of-stake consensus mechanisms.