According to Cointelegraph, the total value of SOL tokens pledged by the Solana network briefly surpassed the market value of Ethereum pledged ETH yesterday. According to the on-chain data, there are 505,938 independent wallets on the Solana network pledged $53.90 billion worth of SOL, and the annualized return on the pledge is 8.31%; there are 34.70 million ETH on the Ethereum chain, worth 53.93 billion dollars. The high verification threshold of 32 ETH (~ $50,000) has led to a large number of stakers switching from node staking to the liquidity staking protocol, which is a key reason for the decrease in native staking on the Ethereum chain. Currently, about $21.50 billion of funds on the Ethereum chain participate in liquidity staking, and Lido alone accounts for 88% of the market share, heightening concerns about the centralization of Ethereum, and Ethereum developers are exploring solutions to promote the decentralization of staking.