Ethereum Validators Surpass 1M with $117,090,569,200 Locked

• Ethereum validators have surpassed one million, locking over $117 billion.
• Lido stands out among the primary validators, holding the largest share at 30%.
• The most significant inflows to the ETH staking contract have been attributed to Ether.Fi, Lido, and Renzo.

Recent statistics have shown that validators on the Ethereum network have crossed the 1 million threshold, with multi-billion dollars locked on the Beacon Chain. Evan Van Ness, Ethereum’s Former Chief Decentralization Officer, called attention to this development in a recent post on X.

Van Ness cited statistics aggregated by analyst Hildobby via the data analytics platform Dune, which shows that ETH validators now exceed 1,000,911.

Over 1 million Ethereum validators

pic.twitter.com/5Rlc6uB8EC

— Evan Van Ness (@evan_van_ness) March 27, 2024

At press time, the updated records show that Ethereum has 1,002,488 validators who have staked 32,079,608 ETH tokens on the network. Considering ETH’s market value of $3,650, the monetary value of the staked tokens amounts to a staggering $117,090,569,200.

Lido Finance stands out among the primary validators within the Ethereum network, holding the …

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