Does Ethereum Still Have a Cartel? Glassnode Unpacks Skyrocketing Staking"



According to a report by Glassnode, Ethereum staking has seen a surge in activity following the Shanghai upgrade. Daily staking deposits have increased significantly, with Lido Finance being the dominant player in the network's staking pools. Despite concerns about centralization, Lido Finance has continued to grow and now holds a staggering 16 times more stETH than the second-largest pool, RocketPool.
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