@siddhant98
🔗 Ethereum staking is centralizing—killing solo staking rewards.
Lido, Binance, and Coinbase dominate, with Lido alone controlling 9.39M ETH. Binance’s staked ETH surged 21.3% in Q4 2024, consolidating even more power.
Ethereum’s staking issuance depends on:
âś” More individual validators = higher ETH issuance
âś” More ETH staked = lower ETH issuance
With large pools consolidating deposits, fewer new validators are created, slowing ETH issuance while increasing dilution. Solo staking is becoming less profitable and harder to sustain.
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