In Q2 2025, Ethereum marked a significant rebound, gaining 33.47% after a 45.41% decline in Q1. Engagement levels soared, with over 20.2 million active addresses recorded in May, indicating strong user interest.
With over 35 million ETH staked—representing 30% of the total supply—growing centralization concerns arise as Lido, Binance, and Coinbase control 40% of staked ETH. This centralization poses potential risks to network integrity.
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