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Ethereum News

Mercuryo Has Launched On-Ramp Services For Everstake

Written By:
Pari Shukla

Reviewed By:
Dhara Chavda

Last updated: February 28, 2025 11:07 PM
Published February 28, 2025 7:45 PM
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Last updated: February 28, 2025 11:07 PM
Published February 28, 2025 7:45 PM
Mercuryo Has Launched On-Ramp Services For Everstake

Global payments infrastructure platform Mercuryo has announced the launch of on-ramp services for Everstake, a prominent global provider of staking and blockchain solutions. This new union will allow Everstake users to easily access the company’s range of staking services.

Petr Kozyakov, the Co-Founder and CEO at Mercuryo, said in a written statement that, “We are delighted with the launch of these on-ramps for ETH staking.” He further added that, “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.”

According to Kozyakov, the launch of these on-ramps on the Everstake platform, will benefit its team due to its strong global infrastructure and the expertise. Additionally, it also offers its users an effective way to connect the Ethereum (ETH) staking.

As ETH staking is a central element to assure the ability of the Ethereum ecosystem. According to Everstake, shared data from various on-chain sources, Ethereum has transformed to a Proof-of-Stake (PoS) consensus, the number of active validators has increased by 130%, rising from 4,56,909 to 1,052,014 since the year 2022. 

Additionally, as per the Everstake data, the total amount of staked ETH has grown by 15.5%, increasing from 29,216,256 in January 2024 to 33,745,280 in January 2025.

The data also highlights that the number of Ethereum wallets has increased by 44.7% from October 1st, 2022, to February 5th, 2025, which features it as the second-largest cryptocurrency by market capitalization. Further, the participants have positively accepted Ethereum’s recent rising gas limits as it encourages growth in the ecosystem. 

Hence, its staking is considered environmentally friendly, as it utilizes a PoS consensus mechanism, which is more energy-efficient than the Proof-of-Work (PoW) system. This transition of Ethereum has positioned it as one of the most rapidly growing and energy-efficient blockchain networks, maintaining the security and decentralization without the heavy energy demands of PoW.

However, Mercuryo is a leader and innovator in the fast-developing Web3 space, It also offers a wide range of payment solutions on its platform. Additionally, its user-friendly interface clarifies the digital token experience for newcomers as the company perseveres in optimizing capital flow within the decentralized finance (DeFi) ecosystem.

Also Read: Ethereum’s Price Drop: Can It Fall Below $1,000?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Pari Shukla - Crypto Journalist at The Crypto Times
By Pari Shukla
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Parmeshwari Shukla is a Content Writer with over 3 years of experience in digital media, including 1 year in crypto news and journalism. She holds a Master’s degree in Mass Communication and a certification in Sports Journalism, bringing versatility and a strong editorial sense to her work.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
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Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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