StakeWise is a liquid Ethereum staking protocol that tokenizes staking yield separately from deposits to enable compounding and increase the capital efficiency of staked ETH in DeFi.
All deposits into the protocol are non-custodial and all tokens are mapped 1:1 to the ETH staked in the StakeWise Pool.
rETH2 Price Analysis
As of October 11 2024 rETH2 has a marketcap of $1.3M.
This is {{percentagefromath}} from its all time high of $4.728K.
In terms of its tokenomics, there's a total supply of 556 with 100% currently outstanding.
Keep in mind rETH2 has a fully diluted value of $1.3M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
