Staking on Solana and Ethereum got tougher in H1 2025. Rewards tightened as issuance eased, validator sets expanded, and MEV became harder to capture. Blockdaemon wasn’t immune, yet our operations sustained a premium protocol reward rate (PRR) so more of the available rewards reached customers, consistently.

What readers get in the report:

• A clear view of why rewards compressed on SOL and ETH, and what that means for the months ahead
  
  
• A concise snapshot of how major web3 participants are performing
  
  
• The operating disciplines that protect rewards at scale
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• Key signals to watch as MEV and protocol changes shift where rewards accrue