Overview
A year after Ethereum enabled validator withdrawals, the network's staking ecosystem has matured. Withdrawals worked as designed, and the validator set has continued to grow steadily.
Key Points
Liquid staking protocols remain dominant, with Lido accounting for a significant share of staked ETH. At the same time, solo staking and permissionless platforms like Rocket Pool have expanded, giving users more choice. The withdrawal mechanism, introduced with the Shanghai upgrade, removed a major barrier for institutional participants who had been wary of indefinite lockups.