Recent data from CryptoQuant shows that Ethereum's staking has reached an all-time high, with over 35 million ETH locked. This reflects growing investor confidence in the asset.
Ethereum Staking Data
In the first half of June, over 500K ETH was staked, leading to a total of 35M ETH locked. Accumulation addresses hit an all-time high of 22.8M ETH. According to CryptoQuant, this indicates strong long-term fundamentals for Ethereum.
Leading Staking Providers
According to Dune Analytics, Lido is the largest staking provider, holding 9.02 million ETH through 282K validators, accounting for 25.6% of the total market share. Staked ETH on Lido has decreased by 0.65% over the past month, while it has dropped by 8% over six months. Other significant providers include Binance, Coinbase, ether.fi, and Kraken.
Coinbase Becomes Ethereum's Largest Node Operator
Coinbase has emerged as the largest node operator in the Ethereum network, controlling over 11.4% of staked ETH. Their validators show an uptime of 99.75%, reflecting excellent performance and distribution across various regions, promoting network decentralization.
The achievements of Ethereum in staking highlight growing investor confidence and the cryptocurrency's significance as a long-term asset. With an increase in locked ETH and a growing number of validators, Ethereum continues to demonstrate strong foundational metrics.