Lido's Ethereum staking market share dips below 30%

📆 04/04/2024 02:08 a. m.
📰 Cointelegraph

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Increasing competition among ETH staking service providers will play a major role in further decentralizing the staking ecosystem.

Other prominent entities contributing to the ETH staking ecosystem are crypto exchanges Coinbase and Binance and Ethereum staking platform Kiln .

The community feared that any entity representing over 33% of the market could influence various aspects of the Ethereum chain.Other prominent entities contributing to the ETH staking ecosystem are crypto exchanges Coinbase and Binance , and Ethereum staking platform Kiln .

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