Ethereum Validators Surpass 1M with $117,090,569,200 Locked

Ethereum Validators Surpass 1M with $117,090,569,200 Locked

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  • Ethereum validators have surpassed one million, locking over $117 billion.
  • Lido stands out among the primary validators, holding the largest share at 30%.
  • The most significant inflows to the ETH staking contract have been attributed to Ether.Fi, Lido, and Renzo.

Recent statistics have shown that validators on the Ethereum network have crossed the 1 million threshold, with multi-billion dollars locked on the Beacon Chain. Evan Van Ness, Ethereum’s Former Chief Decentralization Officer, called attention to this development in a recent post on X.

Van Ness cited statistics aggregated by analyst Hildobby via the data analytics platform Dune, which shows that ETH validators now exceed 1,000,911.

At press time, the updated records show that Ethereum has 1,002,488 validators who have staked 32,079,608 ETH tokens on the network. Considering ETH’s market value of $3,650, the monetary value of the staked tokens amounts to a staggering $117,090,569,200.

Lido Finance stands out among the primary validators within the Ethereum network, holding the …

The post Ethereum Validators Surpass 1M with $117,090,569,200 Locked appeared first on Coin Edition.

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