Coinbase reported that an average of 4.5 million $ETH was staked to its validators in Q1 2026, accounting for 12.17% of total staked ETH. The company emphasized its commitment to maintaining below 30% network penetration, with its validators achieving 99.98% uptime and no slashing or double-signing events since inception. Validators are distributed across five countries, two cloud providers, and seven MEV relays.