According to Foresight News, data from Dune shows that the total amount of Ethereum (ETH) staked on the Beacon Chain has reached 32,141,157 ETH, accounting for 26.80% of the total ETH supply. Among the staking protocols, Lido holds a significant share of 30.11%.
The Ethereum Beacon Chain is a crucial component of the Ethereum 2.0 upgrade, which aims to improve the network's scalability, security, and sustainability. The staking process involves users locking up their ETH in the network to support the Proof of Stake (PoS) consensus mechanism, which is more energy-efficient than the current Proof of Work (PoW) system.
Lido, a liquid staking protocol, has emerged as a major player in the Ethereum staking ecosystem, with its share of 30.11% of the total staked ETH. This highlights the growing interest and adoption of Ethereum 2.0 and its staking opportunities.
