Significant ETH Supply Locked in Beacon Chain; Lido Holds Major Share

Recent data from Dune signals a notable trend in the Ethereum ecosystem; a substantial portion of the total ETH supply, precisely 27.18%, is pledged on the Ethereum Beacon Chain. The leading liquidity staking protocol Lido further exhibits a prominent presence with a considerable 28.69% pledge share. As per the latest Dune data, the Ethereum Beacon Chain currently holds pledges amounting to 32,578,851 ETH. This amounts to over a quarter of the entire ETH supply being committed to the transition towards Ethereum 2.0. Ethereum 2.0 represents Ethereum's most significant upgrade yet, aimed at boosting the scalability and security of the network. These pledged ETH are locked until the transition to Ethereum 2.0 is fully implemented and functioning.