Lest further proof were needed that crypto staking remains crypto’s greatest use case, global payments platform Mercuryo has rolled out on-ramp services for Everstake. The integration allows Everstake users to seamlessly purchase ETH and access its staking services, capitalizing on a surge in demand for Ethereum’s Proof-of-Stake ecosystem and the opportunities it provides for earning rewards – regardless of market conditions.
Having been doing its thing since 2018, Everstake manages staking across more than 80 networks with over 735,000 delegators, making it a major player in web3 infrastructure. Mercuryo’s on-ramps simplify the process, enabling users to buy ETH and stake it in just a few clicks without the usual hurdles, such as the need to purchase ETH on a CEX and then withdraw it to a web wallet.
Wake and Stake
Commenting on the on-ramp addition, Everstake COO Bohdan Opryshko said: “We’ve really seen a significant increase in the amount of staked ETH over the past year and we aim to make staking as simple as possible. With Mercuryo’s payment integration, users can buy and stake ETH in just a few clicks with no technical hassle – just easy access to staking rewards.”
Indeed, Everstake’s data reveals a 15.5% rise in staked ETH from 29.2 million in January 2024 to 33.7 million in January 2025, while active validators have soared 130% since 2022 to more than one million. The Ethereum staking boom has been made possible following its PoS shift, completed with the Merge in September 2022, slashing energy use by over 99% compared to its Proof-of-Work days.
This eco-friendly pivot has drawn eco-conscious investors and institutions alike, with staked ETH now representing over 27% of the circulating supply. The upcoming Pectra upgrade, slated for March, promises further scalability and raising staking limits from 32 to 2,048 ETH per validator.
Mercuryo Makes Its Mark
Staking, where users lock ETH to validate transactions and earn rewards, which typically range from 3-5% annually, has become a cornerstone of Ethereum’s security model and the use case that drives other DeFi innovations such as restaking and L2 liquidity. Like all DeFi sectors, however, staking could benefit from greater connectivity to the fiat world, which is where Mercuryo can add value.
Mercuryo, which like Everstake launched in 2018, brings significant expertise to the table, having partnered with MetaMask, Ledger, and others to streamline web3 access. Its fiat-to-crypto gateways cater to newcomers and seasoned users, aligning with Everstake’s educational push to demystify PoS and decentralized finance. Beyond staking, Everstake supports Layer 1 builds for Ethereum and Solana, hinting at broader ambitions this partnership could amplify.
With spot ETH ETFs gaining traction – 21Shares and Grayscale filings for staking-enabled funds were acknowledged by the SEC this month – the institutional tide is turning. Mercuryo and Everstake’s collaboration taps into this momentum, offering a practical bridge between fiat and crypto worlds, where staking rewards and a whole lot of other onchain opportunities await.
