Quick Take

• Coinbase Ethereum validator report.

• Hoodi Ethereum testnet goes live.

• Mantle Network integrates EigenDA.

• Ethereum PoS CO² savings.

Support ETH Daily on Giveth!

Coinbase Ethereum Validator Report 

Coinbase published its first Ethereum validator performance report, detailing its staking operations, including uptime, participation rate, client diversity, and validator distribution. The report highlights that Coinbase stakes 3.84 million ETH across 120,000 validators, representing 11.42% of total staked ETH. With a 99.75% uptime and participation rate, Coinbase has maintained a track record of zero-slashing events. Its validators are distributed across five countries—Japan, Singapore, Ireland, Germany, and Hong Kong—and operate on Lighthouse, Prysm, Geth, and Nethermind clients. Coinbase says it plans to release Ethereum validator performance metrics more regularly.

Hoodi Testnet Goes Live

Hoodi, a new long-term Ethereum testnet, is now live, providing staking operators and infrastructure providers with a reliable environment for validator testing. The Pectra hard fork will activate on Hoodi on March 26, 2025. Hoodi replaces the Holesky testnet, which encountered extensive inactivity leaks and a prolonged exit queue due to a deposit contract configuration issue. Hoodi is now the primary testnet for infrastructure and staking provider testing. Holesky will be phased out by September 2025. Hoodi features a similar configuration and validator count to Ethereum. Meanwhile, Sepolia will continue to serve as the primary testnet for applications, with a planned replacement expected in 2026. Hoodi is named after the Hoodi metro station in India.

Mantle Network Integrates EigenDA

Mantle Network, an EVM-compatible rollup, has fully integrated EigenDA for data availability, making it the largest network by TVL to adopt EigenDA. The upgrade provides Mantle a 20x improvement in censorship resistance, expanding from 10 to over 200 operators securing data, significantly reducing downtime risks. EigenDA now safeguards $1.3 billion in TVL and enables 15MB/s throughput capacity for Mantle. EigenDA’s economic security is backed by 4.3 million restaked ETH and 391.6 million restaked EIGEN on EigenLayer. Mantle functions similarly to a Validium by processing both computation and data storage offchain.

Other News

• Ethereum PoS CO² savings

• Celo L2 hard fork party

• Liquity V2 audit competition

• Flaunch introduces revenue manager

• Base gas target is 29 Mgas/s

• Privy raises $40m in total funding

See disclosures