Report: Market value of mainstream PoS tokens fell 7% to $254 billion

On October 26th, according to a report from non-custodial staking platform Staked cited , the market value of mainstream Proof of Stake (PoS) assets decreased by 7% to $254 billion compared to the previous quarter. In addition, the value of staked assets increased by 3% to $74 billion, while the annualized staking reward decreased by 7% to $4.1 billion. Overall, PoS accounts for 22% of the total cryptocurrency market value, a decrease of 2% compared to the previous quarter. Although the quarterly data may be disappointing, Staked suggests that this indicates a good sign for the market to come out of the bottom.