$ETH aCoinbase has become the largest Ethereum node operator, holding 11.42% of the total Ether staked, which is 3.84 million ETH, worth approximately 6.8 billion dollars. This makes Coinbase the largest single node operator, although the staking platform Lido remains larger collectively. Coinbase reported impressive validator availability and participation rates of 99.75%, exceeding their goals and the network averages. The exchange attributes this performance to an upgrade planned for 2024, ensuring security while maintaining decentralization in regions like Japan and Germany. Meanwhile, the price of Ether has climbed above $2,000, defying bearish forecasts.
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