Lido's market share in Ethereum staking has fallen to 24.4%, a historic low.

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On August 14, according to Coindesk, Lido's market share in Ethereum staking has dropped to 24.4%, a historic low. In the past month, Figment has gained the most new staking users, adding approximately 344,000 stakers, currently accounting for 4.5% of all staked ETH. Lido has lost the most stakers, totaling about 285,000 ETH. With increasing competition and infrastructure tailored for institutional financing opening new pathways for the industry, the once-dominant platforms are undergoing changes, indicating that the staking ecosystem is maturing.

ETH-3.59%
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