The Ethereum ETH staking ratio has dropped to 27%, marking the first decline since the peak of 29%

According to The Block, the Ethereum staking ratio has dropped to 27%, returning to the level since July 2024 and experiencing its first decline since the peak of 29% at the end of 2024. Currently, 33.5 million ETH has been pledged to continue supporting the security of the Ethereum network. Despite a decrease in staking ratios, liquid collateral derivatives (LSDs) still dominate the Ethereum ecosystem, with Lido controlling approximately 69% of the market share and Binance staking ETH holding 15% of the market share.