Ether Pledgee Income Down 30% Since March Peak
Ether Pledgee revenues are down 30 per cent since their peak in March, according to data, with pledgees earning a total of $174 million in September, down from $247 million at their peak in March. Despite the drop in revenue, the community of validators continues to grow. Ethernet now has 1.09 million validators, indicating growing cybersecurity engagement. The number of validators continues to grow despite a decrease in individual rewards, indicating continued confidence in Ether's long-term prospects.
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