🚀 Ethereum Validators Soar! 🚀

- Ethereum validators surged over 30% in the past year, topping 1 million in June 2024, up from 824,300 in September 2023. 📈

- Flipside Crypto's Carlos Mercado credits this to institutional interest in liquid staking and restaking.

- Liquid staking lets institutions bypass Beacon Chain withdrawal periods, while restaking boosts capital efficiency.

- Staked Ether also grew 27%, hitting 34.7 million ETH, driven by the Shanghai upgrade and Ethereum ETFs.

- Polygon's staking activities are up 36.4%, though validator numbers remain capped.

The crypto world is buzzing! 🌐