BTC $64,735.33 +0.52%
ETH $1,921.67 +0.49%
BNB $589.33 +3.40%
XRP $1.08 -0.05%
SOL $74.14 +0.39%
TRX $0.3282 +0.42%
DOGE $0.0700 -0.62%
ADA $0.1639 +0.21%
BCH $210.80 -0.57%
LINK $8.44 +0.62%
HYPE $53.15 -3.12%
AAVE $98.21 +0.57%
SUI $0.6938 +0.82%
XLM $0.1726 -0.76%
ZEC $476.40 +3.54%
BTC $64,735.33 +0.52%
ETH $1,921.67 +0.49%
BNB $589.33 +3.40%
XRP $1.08 -0.05%
SOL $74.14 +0.39%
TRX $0.3282 +0.42%
DOGE $0.0700 -0.62%
ADA $0.1639 +0.21%
BCH $210.80 -0.57%
LINK $8.44 +0.62%
HYPE $53.15 -3.12%
AAVE $98.21 +0.57%
SUI $0.6938 +0.82%
XLM $0.1726 -0.76%
ZEC $476.40 +3.54%

staking

All
Article
Flash

Lido launches the largest upgrade, integrating over 8 million ETH staked, with the number of validators expected to decrease by one third

Ethereum's largest liquid staking protocol Lido announced the launch of the largest protocol upgrade since the V2 upgrade in 2023, which will integrate over 8 million staked ETH (approximately $16.5 billion) and migrate to the new validator architecture following the Ethereum Pectra upgrade. This migration is expected to reduce the number of Ethereum network validators by about one-third, lowering the load on the consensus layer.Lido stated that after the upgrade is completed, the number of attestation messages per epoch across the entire Ethereum network is expected to decrease by about 29%, thereby improving network operational efficiency. This upgrade will migrate professional node operators to the Curated Module v2 (CMv2) architecture. Unlike before, which mainly relied on operator reputation and historical performance, CMv2 requires Lido-selected node operators to lock ETH as collateral for the first time, providing economic guarantees for node operational performance.Lido indicated that all 34 selected node operators are expected to complete the migration, and no operators have exited due to the new collateral requirements. Lido's staking lead Isidoros Passadis stated that this upgrade will streamline the validator set supporting Lido's core staking business while enhancing security through capital constraints. Lido expects that this migration will result in a decrease of approximately 0.28% in annual staking yields for the protocol. Validators will continue to earn rewards before exiting the migration, with any yield loss likely occurring only during the brief period before balances are transferred to the new validators.

hot_img Bitwise releases Q3 2026 staking report: Activity on various main chains rises but revenue generally declines, institutional entry becomes a core theme

According to the Bitwise "Q3 2026 Staking Report," Q2 2026 presents a divergent pattern of "increased on-chain activity and decreased fee revenue," with the core driving factor being various protocols actively reducing block space costs.In terms of core data across chains, Ethereum's active staking volume reached a historic high of 40.2 million ETH (accounting for 33% of the total supply), while network revenue decreased by 51% year-on-year to $64 million, although it rebounded in ETH terms quarter-on-quarter; Solana's Q2 Real Economic Value (REV) dropped to $51 million, significantly down from the peak of $812 million in Q1 2025, but non-voting transaction volume reached 9.8 billion, maintaining resilience in on-chain activity; Hyperliquid's Q2 total protocol revenue was $174.8 million, with perpetual contract trading volume reaching $65.2 billion, and the proportion of non-crypto assets (commodities, stock indices, etc.) rose to 32%; Avalanche C chain's transaction volume grew approximately fourfold year-on-year to 236 million transactions, but network revenue plummeted due to a significant drop in fees, leaving only $330,000; NEAR saw a dramatic 75% drop in on-chain transaction volume to 77.7 million transactions due to the collapse of Kai-Ching application activity, but the Intents execution layer generated fees approximately 68 times that of the base chain.In terms of institutional adoption, BlackRock launched an Ethereum staking ETF (ETHB), Coinbase and Circle each staked 500,000 HYPE, and Bitwise, 21Shares, and Grayscale successively launched HYPE spot ETFs. Additionally, the stablecoin payment chain Tempo, incubated by Stripe and Paradigm, processed $386 million in transfers in its first quarter, while the global payroll platform Deel distributed approximately $30 million to 7,200 contractors through this chain.
app_icon
ChainCatcher Building the Web3 world with innovations.