Twinstake APR Forecast July 2025

Ethereum (ETH)

• Ethereum staking activity accelerated significantly following the successful Pectra upgrade on May 7th, 2025, resulting in a 4.5% increase in staked ETH and heightened anticipation of SEC approval for a spot staked-ETH ETF.
• ETH APR is expected to stay within the current 3.00-3.10% range, with a smaller proportion of that coming from the consensus layer rewards.

Solana (SOL)

• Solana’s inflation rate slipped toward 4.42% from 4.62% over Q2; Jito MEV yield steadied around 70–90 bps, resulting in the total staking APR remaining at 7.75% despite an increase in staked SOL.
• APR over Q3 is expected to decrease from 7.75% to 7.30% due to the systematic decrease in inflation rewards.

Toncoin (TON)

• Daily transactions peaked notably at approximately 18K TON at the end of June, significantly above the three-month average of around 5.7K transactions per day. However, this activity has slowed recently. This, coupled with increased staking volume, is expected to result in a corresponding decline in the staking APR.
• TON APR is expected to drop to 4.33% from the 4.62% achieved at the end of Q2.

Polygon (POL)

• POL 2.0 is set to reduce annual emissions from 1.5% to 1%, resulting in a 33% decrease in validator rewards unless a drop in total stake mitigates the impact.
• At the end of Q2, the staking reward rate on Polygon was 3.81%.

Near (NEAR)

• Following a recent network upgrade, withdrawal wait times are now 21-28 hours, down from 36-48 hours previously. 
• A recent proposal, still being voted on, may halve inflation from 5% to 2.5% cutting staking rewards in half, which may be somewhat offset by a drop in the staking ratio.
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For a comprehensive detail of the APR forecast, you can download the full report.