Lido claims to have experienced 'remarkable adoption of the protocol' with more than 10,000 new stakers using it in July.
"As a result of this continuous growth, the protocol appears poised to surpass eight million staked ETH next month," it added.
Furthermore, Lido claims to have experienced"remarkable adoption of the protocol" through more than 10,000 new stakers using it — an increase of more than 50% over the previous month. According to The Block's Data Dashboard, cumulative deposited ether and Ethereum validators have largely been up-only throughout 2023 — with 25.13 million coins currently deposited and over 786,000 validators on the network.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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