Ethereum daily staker income 7DMA fell to its lowest level since mid-February

Recently, the 7-day moving average (7DMA) of Ethereum daily staker income fell to $5.44 million, the lowest level since mid-February. The decline in this indicator means that stakers have received less income from participating in the network, which may be affected by factors such as reduced network activity, resulting in fewer transaction fees paid. Ethereum staker income refers to the rewards and benefits received by participants in the Ethereum Proof of Stake (PoS) consensus mechanism to verify transactions and protect the network. This income is usually generated through block rewards and transaction fees, which are distributed in proportion to the amount of ETH they stake. In addition, the 7DMA of the number of transactions on the Ethereum network is also close to the level of February 2024, with only 1.15 million transactions on Friday, September 13, down about 13% from the annual high set in March. At the same time, the 7DMA of Ethereum on-chain transaction volume has also been hovering around the level of February, at only $2.83 billion, down about 60% from the annual high in March and about 56% from more than a month ago. (The Block)