Mercuryo, the payments provider that seems to be everywhere these days, has inked another web3 partnership that will build bridges with the fiat world. In the latest collaboration, it’s introduced on-ramp services for Everstake, a key player in Ethereum staking solutions, enabling users to easily purchase ETH using fiat currency and then put the network’s native asset to use.
It’s an integration that arrives at the right time for all parties: Everstake is gaining an increasing share of Ethereum’s staking landscape; Mercuryo is fast becoming the industry’s payment gateway of choice; and Ethereum staking is continuing to attract more participants, even in the face of challenging macro conditions. Through good times and lean, the people want to stake and earn their share of rewards for doing so.
Everyone’s Staking
Everstake’s data paints a clear picture of how Ethereum’s staking environment is looking in 2025: staked ETH has climbed 16% in the last 12 months to 34 million, with active validators surging 130% since the 2022 Merge to over 1M. Mercuryo’s on-ramps eliminate the need for users to navigate centralized exchanges and wallet transfers, offering a direct path to staking via Everstake’s platform.
More than $6.5B in crypto assets is now staked through Everstake, including ETH, enabling users to earn over $700M in rewards. With over 80 networks supported and uptime of 99.9%, Everstake has become a reliable partner for institutions and retail users alike, seeking to capture the upside to staking without getting mired in the technical complexity.
Commenting on its latest integration, Mercuryo CEO Petr Kozyakov observed, “Staking in the Ethereum ecosystem has a bright future as evidenced by the impressive growth in ETH staking that we’ve witnessed on the Everstake platform over the past year.” ETH staking yield generally clocks in around 3-5% annually, though this can be juiced further through additional rewards available from liquid staking protocols. There is also additional yield to be earned through restaking – essentially staking upon staking – which helps to secure L2 networks within the Ethereum family.
Ethereum Braces for Its Biggest Staking Upgrade Yet
Ethereum’s upcoming Pectra upgrade, due in March 2025, will boost validator limits from 32 to 2,048 ETH and implement other protocol changes that will further strengthen its staking framework. As a result, staking is expected to grow further, sucking in much of the institutional capital that is now arriving onchain, aided by a clearer regulatory environment under the new US administration and lighter touch SEC.
The SEC’s February 2025 nod to staking-enabled ETH ETFs from 21Shares and Grayscale signals a shift, as firms eye staking’s steady returns amid volatile markets. By linking fiat directly to staking, this integration could draw more players into Ethereum’s orbit, supporting its role as a web3 backbone aided by its unrivaled liquidity and network effects. Staking might be less exciting than, say, slinging memecoins in the Solana trenches, but it’s an industry that’s proven capable of weathering whatever storms crypto may conjure, and to emerge on the other side more resilient than ever.
