Due to heightened regulatory pressure and the April 12 Shapella upgrade, the monthly amount of ETH staked has just decreased. Due to this, significant centralized exchanges like Coinbase, Binance, and Kraken have had their market share eroded in favor of the liquid staking platform Lido.
With a 25% commission and a 10% commission, Lido presently accounts for approximately a third of the entire amount of ETH staked. Analysts believe that when ETH is released from the Beacon Chain following the Shapella update, liquid staking platforms like Lido would benefit.
Ethereum staking deposits dip due to regulatory pressure and Shapella upgrade
