Liquid Staking Giant Lido Moves 8 Million ETH Onto New Validators to Ease Ethereum Network Load

Lido has activated the largest upgrade to its Core Protocol since Lido V2, and it starts by moving more than 8 million ETH onto Ethereum’s newer validator design, the company explained on Monday, in a note shared with Bitcoin.com News. That stake, worth roughly $16.5 billion, is about a fifth of all ETH currently staked. […]