Coinbase released its first Ethereum Validator Performance Report on March 19, 2025, emerging as the largest individual node operator with 11.42% of the total staked Ethereum

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12:00am, Wednesday, March 19, 2025

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In a performance report, Coinbase said it had 3.84 million Ether, worth about $6.8 billion, staked to its validators. The exchange said that, as of March 3, it has 11.42% of the total staked ETH.

Coinbase released its first Ethereum Validator Performance Report, revealing that it now operates 120,000 validators managing 3.84 million staked Ethereum (ETH) tokens. With this accounting for 11.42% of the total staked Ethereum, Coinbase is the largest individual node operator on the Ethereum network.

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