Ethereum Staking Landscape Shifts as Lido’s Dominance Wanes

The Ethereum staking landscape has undergone a notable shift this month, with Lido’s market share plummeting to 24.4%. This decline highlights the increasing competition within the ecosystem. New players like Figment are proving particularly successful in attracting new stakers and capturing significant market share. The emergence of diverse staking solutions suggests a more balanced and resilient network structure, potentially signaling a departure from Lido’s previously unchallenged dominance.