Coinbase has established itself as Ethereum’s largest independent node operator. The US-based exchange has successfully staked 3.84 million ETH across 120,000 validators, which represents an impressive 11.42% of the total staked ETH in the ecosystem. This milestone highlights Coinbase’s commitment to supporting Ethereum’s staking activities and contributes to the network’s security and reliability. As Ethereum continues to grow, Coinbase’s leadership in the staking sector could attract more users and strengthen its market dominance. Stakeholders in the cryptocurrency space are encouraged to analyze Coinbase’s moves closely as they may indicate upcoming trends in the staking landscape.