Wu Blockchain reports that Coinbase has released its Q1 2026 Ethereum Validator Performance Report, stating that an average of 4.5 million ETH was staked to Coinbase validators in Q1, accounting for 12.17% of the total staked ETH. Coinbase has pledged not to exceed a 30% network penetration rate. The report shows that Coinbase validators achieved a 99.98% uptime in Q1, higher than the network average of 99.77%. Since launch, there have been no slashing or double signing incidents. The validators are distributed across Germany, Hong Kong, Ireland, Japan, and Singapore, utilizing cloud services from AWS and GCP. Currently, Coinbase supports 2 consensus clients, Lighthouse and Prysm, 3 execution clients, Geth, Nethermind, and Reth, and connects to 7 MEV relays. https://(wublock123.com)/news/coinbase-q1-staked-eth-4-5m-to-its-validators-12-17-percent-61033