PANews reported on February 14 that according to The Block, the Ethereum staking ratio has dropped to 27%, returning to the level since July 2024, and the first decline since the peak of 29% at the end of 2024. Currently, 33.5 million ETH has been staked, continuing to support the security of the Ethereum network. Despite the decline in the staking ratio, liquid staking derivatives (LSDs) still dominate the Ethereum ecosystem, with Lido controlling about 69% of the market share and Binance staking ETH accounting for 15% of the market share.