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Ethereum

Rocketpool Reaches $1 Billion in TVL

Rocketpool Reaches $1 Billion in TVL

The decentralized Ethereum liquid staking protocol Rocketpool has reached a significant milestone as the TVL surpassed $1 billion.

Of this value, $641 million is staked ether, and the remaining $359 million is in the project’s native token RPL.

Currently, Rocketpool holds a 5.64% share of the Ethereum liquid staking market, placing it third behind Lido (74%) and Coinbase (16%).

Darren Langley, the General Manager of Rocketpool, expressed pride in the project’s growth and emphasized their focus on creating the best and safest product possible for both the community and node operators.


READ MORE: Bitcoin: Analyst Predicts Bullish Continuation – Here’s Why


The protocol matches stakers with node operators through a shared liquid staking token and offers yield on staked ether, RPL tokens, and a portion of yield from external parties’ staked ether.

Author
Alexander Stefanov - Editor-in-Chief at Coinspress
Alexander Stefanov

Reporter at CoinsPress

Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.

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