Lido DAO Nears $22 Billion in ETH Staked Despite Recent Withdrawal Option
• Lido DAO is nearing 10 million ETH staked, currently holding 9.49 million ETH worth $21.76 billion • Lido's total value locked has nearly doubled from 5 million ETH in February 2022 • This growth comes despite recent Ethereum withdrawals enabled by the Shanghai upgrade • Ethereum staking is also seeing rising demand, with over 6,000 validators waiting to join • The number of active Ethereum validators could soon surpass 1 million from the current 920,469