Token

<ul class="news-points"> 
 <li>Liquid staking dominates ETH token supply, with most of the tokens staked on Lido.&nbsp;</li> 
 <li>Binance tops the CEX segment in total token supply, ahead of Coinbase and Bitfinex.&nbsp;</li> 
 <li>Arbitrum leads the Layer-2 networks in Ethereum supply, with a market share that outpaces close rivals.</li> 
</ul> 
Amidst the recent surge in <a href="https://coinedition.com/ethereum-eth-price-prediction/">Ethereum’s price</a>, an analysis posted on X shows the blockchain’s token supply has diversified in recent years, capturing increased projects and applications in its ecosystem. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Version 2 of my (incomplete) break down of Ethereum Supply – Even the ETH token is distributed <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30a.png" alt="🌊" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2b07.png" alt="⬇" class="wp-smiley" style="height: 1em; max-height: 1em;"> See Below <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2b07.png" alt="⬇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30a.png" alt="🌊" class="wp-smiley" style="height: 1em; max-height: 1em;"> V1 Comparison <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30a.png" alt="🌊" class="wp-smiley" style="height: 1em; max-height: 1em;"> New Additions &amp; Improvements <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30a.png" alt="🌊" class="wp-smiley" style="height: 1em; max-height: 1em;"> Grant Application <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30a.png" alt="🌊" class="wp-smiley" style="height: 1em; max-height: 1em;"> Sources &amp; Thank-Yous <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30a.png" alt="🌊" class="wp-smiley" style="height: 1em; max-height: 1em;"> Feedback Requested Follow for more stats and visuals <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3c4-200d-2642-fe0f.png" alt="🏄‍♂️" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/mxB5hbZwAs" target="_blank" rel="nofollow">pic.twitter.com/mxB5hbZwAs</a>— Eth Wave 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f987.png" alt="🦇" class="wp-smiley" style="height: 1em; max-height: 1em;">
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f50a.png" alt="🔊" class="wp-smiley" style="height: 1em; max-height: 1em;">
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30a.png" alt="🌊" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@TrueWaveBreak) <a href="https://twitter.com/TrueWaveBreak/status/1729963461407310138?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 29, 2023</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Indeed, the analysis posted by an X user @TrueWaveBreak showed that ETH staking continues to dominate the token’s supply. Per the post, liquid staking platform Lido’s share of the token supply far outpaces other segments of the Ethereum ecosystem. As noted on Lido’s <a href="https://lido.fi/ethereum" target="_blank" rel="nofollow">website</a>, over 9,298,195 ETH worth $20,951,872,661 are presently staked on the platform.&nbsp; 
Furthermore,…
The post <a href="https://coinedition.com/lidos-liquid-staking-outshines-cexs-l2s-in-ethereum-token-supply/">Lido’s Liquid Staking Outshines CEXs, L2s in Ethereum Token Supply</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Lido’s Liquid Staking Outshines CEXs, L2s in Ethereum Token Supply

Coin Edition

Other articles published on Dec 4, 2023

Valour plans 20 new crypto ETPs in 2024 amid market growth

Optimism in the 2024 Global PC Market

Boomers Interested In Bitcoin, Market Won’t Allow BlackRock To Buy BTC Below $60k

Bitcoin’s Surging Price: What’s Next for the King of Crypto?

Billionaire Michael Saylor Explains Why Bitcoin Will Be the ‘Apex Commodity’ in New Keynote – Her...

Some Ways That People Can Get More Involved in BRC20s

Join our free newsletter for daily crypto updates!