- Coinbase controlled 11.4% of Ethereum’s staking market share in February
- Ethereum educator Sassal noted that Coinbase may ve the largest node operator
In February, Coinbase had 120k validator nodes and controlled 11.4% of the total Ethereum [ETH] staking market. According to a transparency report issued by the exchange, it had 3.84M ETH staked in its validators.
Source: Coinbase (excerpt from the report)
The validator nodes were located in Japan, Ireland, Singapore, Germany and Hong Kong. Additionally, Coinbase relied on two execution clients and cloud providers to ensure reliability.
Ethereum staking on an expansion spree
Reacting to the report, Ethereum educator Sassal acknowledged that the 11.4% market share made Coinbase the largest validator node operator.
“This, of course, makes Coinbase the single largest node operator on the network (Lido is bigger as a collective, but each node operator has a much smaller % share).”
The report was issued after key industry players urged Coinbase to share its Ethereum staking operations, as most data were based on estimates. In fact, Dune Analytics estimated Coinbase’s market share at 8% with 2.7M ETH staked.
Source: Dune
In terms of staked ETH, Lido seemed to maintain its lead with a whopping 9.3M staked ETH. Overall, 34.1M ETH has been staked or 27.7% of the total supply. After a slump in January 2025 that was marked by outflows, ETH staking rebounded from February.
Over the past two weeks, 54k ETH flowed into the staking system and reinforced confidence in the altcoin. This, despite a massive drawdown on the price charts.
Source: Dune
According to Staking Rewards, ETH stakers are entitled to a 3% annualized reward, offering an extra yield for long-term investors.
However, despite the record interest in ETH staking, the altcoin’s price has lagged others on the price charts. It was valued at just over $2k, at the time of writing, down 54% from its recent highs.
- Coinbase controlled 11.4% of Ethereum’s staking market share in February
- Ethereum educator Sassal noted that Coinbase may ve the largest node operator
In February, Coinbase had 120k validator nodes and controlled 11.4% of the total Ethereum [ETH] staking market. According to a transparency report issued by the exchange, it had 3.84M ETH staked in its validators.
Source: Coinbase (excerpt from the report)
The validator nodes were located in Japan, Ireland, Singapore, Germany and Hong Kong. Additionally, Coinbase relied on two execution clients and cloud providers to ensure reliability.
Ethereum staking on an expansion spree
Reacting to the report, Ethereum educator Sassal acknowledged that the 11.4% market share made Coinbase the largest validator node operator.
“This, of course, makes Coinbase the single largest node operator on the network (Lido is bigger as a collective, but each node operator has a much smaller % share).”
The report was issued after key industry players urged Coinbase to share its Ethereum staking operations, as most data were based on estimates. In fact, Dune Analytics estimated Coinbase’s market share at 8% with 2.7M ETH staked.
Source: Dune
In terms of staked ETH, Lido seemed to maintain its lead with a whopping 9.3M staked ETH. Overall, 34.1M ETH has been staked or 27.7% of the total supply. After a slump in January 2025 that was marked by outflows, ETH staking rebounded from February.
Over the past two weeks, 54k ETH flowed into the staking system and reinforced confidence in the altcoin. This, despite a massive drawdown on the price charts.
Source: Dune
According to Staking Rewards, ETH stakers are entitled to a 3% annualized reward, offering an extra yield for long-term investors.
However, despite the record interest in ETH staking, the altcoin’s price has lagged others on the price charts. It was valued at just over $2k, at the time of writing, down 54% from its recent highs.
Pharmazee I’m often to blogging and i really appreciate your content. The article has actually peaks my interest. I’m going to bookmark your web site and maintain checking for brand spanking new information.
where to get generic clomiphene without prescription how can i get cheap clomiphene clomiphene chance of twins clomiphene for sale australia can i buy clomid pill how can i get clomiphene generic clomiphene walmart
This is the type of enter I unearth helpful.
More posts like this would prosper the blogosphere more useful.
zithromax 500mg sale – purchase ciprofloxacin cheap flagyl 200mg
order semaglutide sale – buy semaglutide online cheap order cyproheptadine 4mg without prescription
order domperidone pill – order motilium 10mg online order cyclobenzaprine 15mg online
where can i buy inderal – order plavix 150mg sale cheap methotrexate 2.5mg
purchase amoxil generic – generic ipratropium 100mcg brand ipratropium
purchase zithromax pill – order tinidazole generic buy nebivolol without a prescription
augmentin pills – https://atbioinfo.com/ ampicillin online
esomeprazole usa – https://anexamate.com/ purchase nexium capsules
buy coumadin 5mg online – https://coumamide.com/ purchase hyzaar without prescription
order mobic online cheap – relieve pain mobic 7.5mg ca
cost deltasone – corticosteroid deltasone 20mg cost
amoxil without prescription – cheap amoxicillin pills amoxicillin online
buy diflucan for sale – order generic fluconazole 100mg buy diflucan generic
cenforce 50mg uk – https://cenforcers.com/ oral cenforce 100mg
cialis price walmart – ciltad gn cialis patent expiration 2016
where can i buy cialis on line – this buy tadalafil cheap online