Dune data shows that Figment has added approximately 344,000 ETH in staking over the past month, increasing its market share to 4.5%, becoming the fastest-growing Ethereum staking institution; Lido has lost about 285,000 ETH, and its market share in the Ethereum staking market has dropped to 24.4%, hitting a historic low. Analysis indicates that Lido's declining share reflects intensified competition in the Ethereum staking ecosystem and accelerated development of institutional-grade infrastructure, which helps mitigate the risks of single-provider dominance. (CoinDesk)

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